His comments signal a modest shift in messaging for Trump, who has long promised to boost energy production as a means of driving down prices, but some consumers are looking for more immediate relief.
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President Donald Trump and his administration are going on offense on inflation as January saw a spike in that metric, pursuing strategies to tackle the prices of everyday items like eggs and portraying the price hikes as a product of profligate spending.
Inflation reached an annualized rate of 3.0% in January, a modest uptick after the 2.9% in December. Trump notably campaigned on lowering prices and fighting inflation, though the issue was largely not part of his major moves during his first few weeks in office. Polling data, moreover, had found that the public approved of his efforts to implement his agenda, but the majority did not believe he was paying an appropriate amount of attention to inflation.
