GOLDEN AGE: Inflation Numbers Down; Grocery Prices: Biggest Drop in Five Years, JPMorgan Drops Prediction of U.S. Recession

Inflation numbers Down; grocery prices: biggest drop in five years.

NEC Director Kevin Hassett: “Inflation was down, way down, in the CPI report today and it was the month of April where we had about $20B in tariffs. And the story that everybody’s been saying is those tariffs are going to cause prices to go way up.”

U.S. egg prices nosedived by 12.7% in April, marking the steepest monthly decline since March 1984, according to the latest Consumer Price Index data released Tuesday.

HOLY SMOKES!! I knew prices were going down, I didn’t realize it was to THIS DEGREE!

Per CNBC:
Gasoline? -10%.
Tomatoes? -8%.
Lettuce? -5%.
TVs, car/truck rental? -9%.
Dishes/flatware? -11%.

And the list goes on. pic.twitter.com/HUlpfYVaJj

— Eric Daugherty (@EricLDaugh) May 9, 2025

BREAKING: American grocery prices plummet the most in almost 5 years under the latest report.

Inflation overall lower than expected. pic.twitter.com/J5TottECWM

— Eric Daugherty (@EricLDaugh) May 13, 2025

Inflation has fallen to the lowest level in more than four years as April’s Consumer Price Index smashes expectations for the third straight month in President Donald J. Trump’s Golden Age.

Here’s what you need to know:

• Grocery prices saw their largest decline in nearly five years.
• Gas prices fell for the third month in a row.
• Egg prices saw the largest one-month decline in more than four decades.
• Workers’ real wages are up 1.9%, increasing each of the last three months.
• Prices for airfare, energy, hotels, and used vehicles are all down compared to last year.

Here’s what they’re saying:

• Bloomberg’s Augusta Saraiva: “US inflation rose by less than forecast in April amid tame prices for clothing and new cars, suggesting little urgency so far by companies to pass along the cost of higher tariffs to consumers.”
• Investopedia Editor-in-Chief Caleb Silver: “The smoke was much worse than the fire … A big part of that was the drop in gasoline prices. This is very significant for households … That drop in gasoline and energy prices — a big deal.”
• Fox Business Network’s Maria Bartiromo: “Oil is down, eggs are down, food is down. We’re seeing that reflected, so all that hysteria over tariffs is not showing up in these numbers.”
• USA TODAY: Inflation eased to 4-year low in April as Trump’s tariffs took effect, CPI report shows
  • “Prices for groceries, including eggs, used cars and airfares all fell sharply.”
• Bloomberg: US Consumer Prices Rose Less Than Expected in April
  • “The pace is the slowest since the sprinsg of 2021 when inflation broke out in earnest.”
  • “Grocery prices were down 0.4% on the month, and eggs fell 12.7%, the most since 1984, validating some of President Donald Trump’s messaging.”
• NBC News: April consumer price index report shows inflation dropped to slowest pace since 2021
  • NBC’s Brian Cheung: “This was a pretty solid report.”

CNBC: Inflation was slightly lower than expected in April as President Donald Trump’s tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday. The consumer price index, which measures the costs for a broad range of goods and services, rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation rate at 2.3%, its lowest since February 2021, the Bureau of Labor Statistics said. The monthly reading was in line with the Dow Jones consensus estimate while the 12-month was a bit below the forecast for 2.4% (CNBC).

Bloomberg: In fact, it was the third-straight month US government inflation numbers were lower than forecast (Bloomberg).

Supermarket News: … the largest monthly decline since September 2020. Five of the six major grocery store group indexes dropped, led by a 12.7% decrease in egg prices, the U.S. Bureau of Labor Statistics reported Tuesday. The index for meats, poultry, fish, and eggs declined 1.6% in April after recent increases…. The cereals and bakery products index dropped 0.5% in April, while fruits and vegetables and other food at home fell 0.4% and 0.1%, respectively. The Consumer Price Index for All Urban Consumers rose 0.2% in April on a seasonally adjusted basis after falling 0.1% in March. The index for food, which includes food away from home (restaurants), was up slightly at 0.1%. The news comes as grocery shoppers remain concerned about food inflation, with a growing number putting purchases on credit cards (Supermarket News).

BREAKING: JPMorgan has just dropped its prediction of a U.S. recession in 2025 – Bloomberg pic.twitter.com/ZUQSfBKj94

— Eric Daugherty (@EricLDaugh) May 13, 2025

JPMorgan has just dropped its prediction of a U.S. recession in 2025

TARIFF BONANZA: US Treasury Shocking Report of Second Biggest Budget Surplus In History Thanks To Record Tariff Revenues

And the US collected record high high custom duties.

Spread the news because the dying, legacy media won’thttps://t.co/0wAEmqUMrn pic.twitter.com/IZJoZWYJjH

— Pamela Geller (@PamelaGeller) May 13, 2025

Egg prices have taken a dramatic dive, down 87% since President took office.

“There were still enough eggs to celebrate Easter, despite claims to the contrary.

groceries are also trending lower
Interest rates have stabilized

there seems to be a stubbornness from the Federal… pic.twitter.com/J0Pam8IsXj

— Wall Street Mav (@WallStreetMav) May 14, 2025

TARIFF BONANZA: US Treasury Shocking Report of Second Biggest Budget Surplus In History Thanks To Record Tariff Revenues

And Trump’s biggest windfall for Americans – slashing drug prices:

Trump order would slash drug prices by requiring the same price in America as other countries.

Americans are 5% of the world, but we pay 2/3 of all drug costs — and nearly all the profits. pic.twitter.com/fW99YWYgOQ

— Peter St Onge, Ph.D. (@profstonge) May 14, 2025

Americans are 5% of the world, but we pay 2/3 of all drug costs — and nearly all the profits.

And the evil clowns weigh in:

The same people who ignored the historic inflation (upwards of 9.1%) for the last four years want you to now believe that they care about prices.

These people are the most unserious group of fcks I’ve ever watched.

No wonder their ratings are as low as they’ve ever been. pic.twitter.com/ZapDyToD9U

— Gunther Eagleman (@GuntherEagleman) May 13, 2025

The same people who ignored the historic inflation (upwards of 9.1%) for the last four years want you to now believe that they care about prices.