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When US President Donald Trump ran for a second term in office back in 2024, inflation was one of the main issues heĀ focused on during his campaign to return to the White House. But last year,Ā just months into his second presidency, Trump declared that inflation was no longer an issue in the United States. The United States Labor Department reported on Wednesday that US inflation has climbed to 4.2%. That’s the highest since 2023, when President Joe Biden was in office.Ā So what’s driving upĀ prices now and is it aĀ problem for Trump and the US economy?

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BHFN Editorial Team covers breaking news, culture, and global developments impacting Black America, Africa, Kenya, and the African diaspora. Focused on timely reporting and community-driven perspectives, the team delivers news, analysis, and stories that inform, connect, and amplify diverse voices.