Trump ramps up attacks on Powell, demands 'loser' Fed chair lower rates 'NOW'

[progree]

5. Trump on egg costs: 'If anything, the prices are getting too low', 'down 87%' The Hill, 4/18/25

From The Hill, 4/18/25

https://www.msn.com/en-us/news/politics/trump-on-egg-costs-if-anything-the-prices-are-getting-too-low/ar-AA1DcG71

President Trump weighed in on the cost of eggs around the country, claiming Friday at the White House that the prices are “getting too low.”

Trump praised Agriculture Secretary Brooke Rollins for doing a “great” job and then asserted that egg prices are “down 87 percent, but nobody talks about that.”

"I’ll never forget the first … day, first week in office, they were screaming at me about eggs. I said, ‘What’s going with eggs?’ They were doubling and tripling. I said, ‘I just got here.’ They were up like double, triple, and you couldn’t get any,” Trump said Friday.
“They said you won’t have eggs for Easter,” the president added. “Well, you can have all the eggs you want.”

. . . Prices of eggs went up to $6.23 per dozen in March, the U.S. Bureau of Labor Statistics reported. It was $5.90 in February, nearly a dollar more compared to January’s $4.95 per dozen. ((putting it in chronolgical order: $4.95 -> $5.90 -> $6.23 --Progree))

Last 2 times I bought eggs -- per dozen:
1/30 $7.00
4/04 $8.30

Anyway, this is the bizarro make-believe world that tRump lives in.

Here's his Monday morning (4/21) tweet in full:

"With Energy Costs way down, food prices (including Biden's egg disaster!) substantially lower, and most other "things" trending down, there is virtually No Inflation. With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW. Europe has already "lowered" seven times. Powell has always been "To Late", [sic] except when it came to the Election period when he lowered in order to help Sleepy Joe Biden, later Kamala, get elected. How did that work out" -- April 21, 9:41 AM.

https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-sink-with-trumps-tariffs-powell-bashing-in-focus-133040210.html

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Here's food prices for the last 7 months: monthly increases (the last one is March over February):
0.3% 0.2% 0.3% 0.3% 0.4% 0.2% 0.4%
https://www.bls.gov/news.release/cpi.nr0.htm

Food: https://data.bls.gov/timeseries/CUSR0000SAF1
The last 2 months average annualized, calculated using the actual index numbers is 3.66%

Food at home: https://data.bls.gov/timeseries/CUSR0000SAF11
Food away from home: https://fred.stlouisfed.org/series/CUUR0000SEFV