In Some Places, Prices Are Dropping, New Inflation Data Show
Plus, has The Free Press turned against Israel?
Program note: tomorrow (Wednesday August 31) at about 10:30 am eastern we’re planning to be going “Live” with
, formerly the Washington Post Fact Checker columnist, to talk about some of the issues raised by his recent Substack post “Why I Left the Washington Post.” To tune in it’ll help to have the Substack mobile app installed. If you can’t catch it on short notice, don’t stress—I’m hoping to post a recording of it later—but it should be fun, so if you can join us, we’d love to have you. There should be an alert when it starts with info on how to join.
While Federal Reserve Chairman Jerome “Too Late” Powell has halted interest rate cuts since President Trump’s inauguration, ostensibly because of the risk that tariffs will fuel inflation, prices in at least some places are actually going down.
Today’s government release of the Consumer Price Index included not only nationwide data, but also details on some urban areas. Here are the details on particular places where prices are dropping:
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