INFLATION FALLS:
Incredible news. Inflation even lower than expected! https://t.co/QBeHSYhldb
— JD Vance (@JDVance) April 10, 2025
Prediction: Near-instant pivot from “Trump promised to lower inflation, where’s progress?” to “Ackshually, low inflation is bad.”
That said, a tip-over to actual deflation would be bad, since deflation hurts debtors more than creditors, and the United States is the world’s biggest debtor.