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Trump's Inflation Claims Questioned Amid Record Layoffs

11/10/2025

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Summary

Story summary

U.S. President Donald Trump met Hungarian Prime Minister Viktor Orban on November 7, 2025, to discuss Ukraine and Hungary's oil purchases.
Trump claimed administration reduced grocery prices, despite statistics showing food inflation at 3.1%, nearly double Biden's final year.
CNN host Abby Phillip challenged the claim, citing a CBS News poll showing 62% see rising food costs.
Layoffs surged to a two-decade high, with over 150,000 job cuts in October.

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Story summary

U.S. President Donald Trump met Hungarian Prime Minister Viktor Orban on November 7, 2025, to discuss Ukraine and Hungary's oil purchases.
Trump claimed administration reduced grocery prices, despite statistics showing food inflation at 3.1%, nearly double Biden's final year.
CNN host Abby Phillip challenged the claim, citing a CBS News poll showing 62% see rising food costs.
Layoffs surged to a two-decade high, with over 150,000 job cuts in October.