Scoopfeeds — Intelligent news, curated.
Trump Says US Inflation Is 'Short Term'
business

Trump Says US Inflation Is 'Short Term'

Bloomberg Markets · May 12, 2026, 8:31 PM

President Donald Trump says inflation in the US is only "short term." He spoke before leaving for Beijing on Tuesday. US inflation accelerated in April due to rising gasoline and grocery costs, exceeding wage growth. (Source: Bloomberg)

Read full story on Bloomberg Markets → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop