One of Donald Trump’s great promises was to put an end to inflation and reduce the price of basic consumption products. And every time he demands the President of the Fed, Jerome Powell, who reduces interest rates, Trump insists that “there is no inflation”. But the barbecue, which most US families celebrated this bridge on July 4 last year, showed very strong pricing ratings in some of the most consumed products on these dates, for example, as Cake, beer or ice creamThe field of a blow where citizens notice this.
Joint veal gives the warning signals. The price of chopped meat, one of the most popular products in the country, is in historical maximums: $ 13.18 per kilogramAccording to the Federal Reserve System San Luis. The price of the main ingredient of hamburgers increased 7.8% is that we were, and 15%From May 2024 to May this year. The reason is to load herds: the number of cows in the United States is the smallest in 70 years, according to the Ministry of Agriculture and The price of beef was fired from 1,500 to 2400 per yearThe drought field and increased grain prices leave Americans without their favorite flesh.
And if the meat is expensive, the drink is not much better. The best beer in the USA, a special model, has grown by 9.5%. The rest on the catwalk, Miller Lite and Coors Lite, increased even more: 13%, according to the United Economic Committee of the Senate. The reason, as they indicate, are 50% tariffs that Trump put on aluminum, which have manufacturers, especially small ones. “Half a dozen beer will take place from 12.99 to 18.99” due to an increase in the cost of cans, notes a small virginia liqueur, and is quoted in the report.
This adds to this The price of ice cream is on historical maximums, $ 3.2 per liter According to the Fed, given the strong increase in coconut oil prices, one of the most used ingredients for this dessert. And they also raised other elements of these parties since Trump announced tariffs around the world: barbecue, 5%; aluminum foil, 7%; Sunscreen, 8.1%; Barbecue kitchen tools, 17.7%; And external chairs, 47%. An example of how world trade has reduced prices for Americans over the years.
And citizens notice it. According to a study on the expansion of rights and opportunities, 68% of the Americans noticed a increase in prices by 55% of guilt in tariffs. To 32% decided to celebrate US independence with pizza Save expenses according to this report.
The biggest respite for the president, and not to mention The price of eggsThe field “Crisis of eggs”, which caused a dozen price to $ 6.22 in March, cooled down, and in May it fell to $ 44. This remains the sixth largest price for this food in history and significantly higher than $ 2 in August 2023, but at least Trump takes a chest every time he speaks of inflation. Maybe more than one considers the creation of an omelet instead of a hamburger this year.
At the moment, Trump’s threat to reveal the “Liberation Day” by installments, sending letters to each country to announce a new rate that will impose their export, increased the concern of the market in the face of the revival of inflation, which forces the Fed to wait before lowering the types. On the Fedwatch page, which expects the expectations of markets, it indicates that the likelihood that the Fed does not reduce the types at its meeting this month is shot last week, from 79% to 95%. And the option that reduced in September has cooled from 75% to 62%. It all depends on the “epistolary diplomacy” of the president with the most unstable commercial policy in recent history.
