RT by @WhiteHouse: President Trump consistently said that, as traffic in the Strait of Hormuz normalizes, oil prices – and thus overall inflation – would plummet like a rock. The e

President Trump consistently said that, as traffic in the Strait of Hormuz normalizes, oil prices – and thus overall inflation – would plummet like a rock. The expectation-smashing June CPI report proves President Trump was right: driven by lower energy prices, inflation clocked its biggest drop since April 2020. The President’s broader economic agenda, moreover, continues to pay off with lower prescription drug, health care, car, and insurance costs along with higher real wages for everyday Americans.