Subject: Re: "Inflation is defeated"
Yet dismissing or even downplaying inflation while it is still above the Fed’s target of 2% poses big risks for the White House and the Federal Reserve. For the Trump administration, it could find itself on the wrong side of a potent issue: Surveys show that many Americans still see high prices as a major burden on their finances.

I am reminded of an old Microsoft joke:

How does Bill Gates change a light bulb?

He declares darkness a new standard.

Steve