{"id":347034,"date":"2025-08-19T22:32:27","date_gmt":"2025-08-20T03:32:27","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/19\/bringing-prices-down-hows-it-going\/"},"modified":"2025-08-19T22:32:27","modified_gmt":"2025-08-20T03:32:27","slug":"bringing-prices-down-hows-it-going","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/08\/19\/bringing-prices-down-hows-it-going\/","title":{"rendered":"Bringing Prices Down: How\u2019s It Going?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-57677\">&#13;<br \/>\n\t\t\t\t<!-- .entry-header -->&#13;<br \/>\n&#13;<\/p>\n<div class=\"entry-content\">\n<p>As promised by Donald Trump?<\/p>\n<blockquote>\n<p>\u201cWe\u2019re going to have prices down- I think you\u2019re going to see some pretty drastic price reductions.\u201d<\/p>\n<p>Associated Press,\u00a0<em>Trump holds a press conference at Mar-a-Lago<\/em>,\u00a0<a class=\"ext\" title=\"(opens in a new window)\" href=\"https:\/\/www.youtube.com\/live\/ztGQQ_mHDAM?si=s9-60f0TqY4X992K&amp;t=5550\" target=\"_blank\" rel=\"noopener nofollow noreferrer\" data-extlink=\"\">YouTube<\/a>\u00a0(January 7, 2025).<\/p>\n<\/blockquote>\n<p>And here\u2019s the data we have.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/cpiepifastfoodpix.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-57678\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/cpiepifastfoodpix.png\" alt=\"\" width=\"864\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/cpiepifastfoodpix.png 864w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/cpiepifastfoodpix-300x195.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/cpiepifastfoodpix-768x499.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/08\/cpiepifastfoodpix-624x405.png 624w\" sizes=\"(max-width: 864px) 100vw, 864px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> CPI (blue), Everyday Price Index (tan), and CPI-limited service restaurants (green), all in logs, 2025M01=0. CPI-limited services restaurants seasonally adjusted by author using X-13 in logs. Source: BLS, American Institute for Economic Research, and author\u2019s calculations.<\/em><\/p>\n<\/p><\/div>\n<p><!-- .entry-content -->&#13;<br \/>\n\t\t&#13;<\/p>\n<footer class=\"entry-meta\">&#13;<br \/>\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/08\/bringing-prices-down-hows-it-going\" title=\"7:34 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-08-19T19:34:50-07:00\">August 19, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->&#13;\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/08\/bringing-prices-down-hows-it-going\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] &#13; &#13; &#13; As promised by Donald Trump? \u201cWe\u2019re going to have prices down- I think you\u2019re going to see some pretty drastic price<\/p>\n","protected":false},"author":1,"featured_media":347035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/347034"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=347034"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/347034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/347035"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=347034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=347034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=347034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}