Job Creators Network Responds to May CPI Report

Alfredo Ortiz, CEO of Job Creators Network, released the following statement in response to the May consumer price index, which increased by 0.1% (2.4% year-over-year), and CORE CPI, which also rose by 0.1% (2.8% year-over-year):

“Inflation fell again last month and came in well below expectations as President Trump has delivered on his promise to end Bidenflation. Now it’s past time for the Federal Reserve to follow Trump’s advice to cut interest rates and improve small business access to credit. Given these low inflation numbers, Chairman Powell should consider a 0.5% rate cut to provide the most support for Main Street and the broader economy. A significant rate cut combined with the historic tax relief in Republicans’ Big, Beautiful Bill will usher in the next American Golden Age.”