After the US June CPI print, White House deputy press secretary Kush Desai posted that President Trump’s claim—that resumption of shipping through the Strait of Hormuz would trigger a sharp fall in oil and headline inflation—has been validated. Desai said June CPI came in well below expectations and marked the largest decline since April 2020, led by lower energy prices. He added the administration’s agenda was cutting prescription drug, healthcare, auto and insurance costs and raising real wages for ordinary Americans.(金十数据)