Donald Trump launched a scathing attack on President Biden’s handling of inflation hours before buying Chick-Fil-A for an entire Atlanta restaurant.
The former president took to his social media platform Truth Social to announce that the annual inflation rate had increased again to 3.5% in March.
Later in the day, Trump was filmed in a jovial mood while visiting a Chick-Fil-A where he footed the bill for the entire restaurant.
The latest inflation data had already sent stocks tumbling on fears it would delay the Federal Reserve in cutting interest rates, which are already at their highest level in 23 years.
Trump wrote: “INFLATION IS BACK – and RAGE!” The Fed will never be able to credibly lower interest rates because it wants to protect the worst president in U.S. history.
Trump was filmed in a jovial mood while visiting a Chick-Fil-A in Atlanta where he footed the bill for the entire restaurant.
This comes after Biden appeared to blame big businesses for keeping prices high.
He said in a statement: “I am calling on businesses, including food retailers, to use their record profits to reduce prices.
“Congressional Republicans want to cut taxes on billionaires and big corporations, while helping special interests and big drug companies raise prices. I won’t let them.
This marked a change in tone from the president who had previously remained optimistic.
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