Trump disputes CPI data, says "we don't have inflation" at latest rally

What happened: At rallies in Arizona and Montana, President Trump disputed the monthly CPI report released earlier that day, saying "we don't have inflation." Key numbers: CPI showed a near 4% jump from this time last year. Why it matters: The remarks put the president at odds with the official inflation data released the same day, during his midterm campaign blitz.

Trump disputing CPI data and denying inflation creates market uncertainty over policy credibility.

Trump disputing CPI data and denying inflation creates market uncertainty over policy credibility. — impact context not separately stored; see What changed.