On the campaign trail, President Donald Trump vowed repeatedly that he’d bring prices down “starting on Day One” if elected. It’s been a month since he took office and he has yet to deliver.
Consumer prices rose 0.5% last month compared to December — the fastest monthly increase in prices since August 2023, according to Consumer Price Index data. And it could soon get even worse with wholesale prices remaining elevated, often a precursor to higher consumer prices.
The pain is most acute at the grocery store, where consumers are confronting soaring
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