Trumpflation won’t be temporary
Now that President Trump’s economic policies are reigniting inflation, it’s only fair we call it “Trumpflation.” Although it may not reach the level that Bidenflation hit, it’s not going away soon. When prices started rising in the early days of the Biden administration, as the COVID-19 pandemic was rounding the corner and would soon start to decline, the Federal Reserve Bank suggested the price increases would be “transitory” — primarily a result of supply constraints. Many businesses, including manufacturers, shippers and warehouses, were just reopening or barely operating, making it hard to get products to market.
- ▪Now that President Trump’s economic policies are reigniting inflation, it’s only fair we call it “Trumpflation.” Although it may not reach the level that Bidenflation hit, it’s not going away soon.
- ▪When prices started rising in the early days of the Biden administration, as the COVID-19 pandemic was rounding the corner and would soon start to decline, the Federal Reserve Bank suggested the price increases would be “transitory” — prima
- ▪Many businesses, including manufacturers, shippers and warehouses, were just reopening or barely operating, making it hard to get products to market.
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Opinion>Opinions - White House The views expressed by contributors are their own and not the view of The Hill Trumpflation won’t be temporary Comments: by Merrill Matthews, opinion contributor - 05/19/26 10:30 AM ET Comments: Link copied by Merrill Matthews, opinion contributor - 05/19/26 10:30 AM ET Comments: Link copied The per-gallon prices for different grades of gasoline are posted outside a Conoco station Thursday, May 14, 2026, in Denver. (AP Photo/David Zalubowski) Conservatives called it “Bidenflation” when President Joe Biden’s economic policies pushed the inflation rate to its highest point in decades.
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