Job Creators Network Responds to April PCE Index

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the April PCE index, which increased by 0.1% (2.1% year over year) and CORE PCE, which increased by 0.1% (2.5% y/y):

“President Trump’s pro-growth policies, including energy dominance and deregulation, have finally ended Bidenflation, bringing much-needed relief to consumers and small businesses. Inflation grew below expectations and at its slowest rate since February 2021, a remarkable achievement no mainstream economic ‘expert’ predicted. The Federal Reserve can use this low inflation reading to reduce interest rates, helping small businesses access credit and grow the economy.”

“In Congress, the Senate should follow the House’s lead and pass legislation expanding and making permanent the Tax Cuts and Jobs Act to further empower American small businesses to usher in the next Golden Age of shared prosperity.”