Job Creators Network Responds to February CPI

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to February’s consumer price index, which increased by 0.2% (2.8% year-over-year), and CORE CPI, which also rose by 0.2% (3.1% y/y):

“The Trump administration has scored a major victory in the inflation battle, with prices in February rising at less than half their elevated rate in January. By unleashing American energy and cutting wasteful spending, the Trump administration is already succeeding in reducing the persistent upward pressure on prices caused by bad Biden administration policies.

“As energy production increases and inflationary spending slows further, Americans will finally enjoy lasting inflation relief and stable prices. In the meantime, Congress must give cost certainty to small businesses by working as fast as possible to extend and expand the Tax Cuts and Jobs Act.”