Treasury Dept. says inflation is running 'above target' as Trump insists there is 'no inflation'
Government
The Treasury Department said Monday that inflation "remained above the target of 2 percent in the third quarter," even as President Donald Trump and administration officials continue to assert that there is "no inflation." Speaking on CBS News' "60 Minutes" on Sunday, Trump said "we have no inflation. We have no inflation." Trump claimed that he had "already taken care of" inflation, calling 2% "the perfect inflation." But inflation came in at 3% on an annual basis in September, according to
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