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Trump says inflation is ‘defeated’ and the Fed has cut rates, yet prices remain too high for many

Federal_Reserve_Inflation_98397WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve.