Former President Trump recently claimed that inflation is 'defeated' and highlighted that the Federal Reserve has cut interest rates. However, this statement comes at a time when inflation has actually risen in three of the last four months and is slightly higher than it was a year ago. This discrepancy raises concerns about the accuracy of Trump's assessment and the potential impact on economic policy.

Despite President Trump's claims that inflation is 'defeated' and the Federal Reserve has cut rates, the reality is that inflation has risen in three of the last four months, leaving many feeling the pinch as prices remain high. This situation is particularly significant as it echoes the challenges faced by Kamala Harris during her presidential campaign, highlighting ongoing economic concerns that could impact political landscapes.