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I'm no economist but I don't think inflation moves that quickly. The Act was signed in early March and by the end of April we hit inflation levels unseen since 2008. $1.9 trillion was not spent in a month and I'd be surprised if they spent even 25% in a month.
And a year earlier, also in March, Trump signed a $2.2 trillion stimulus bill ($1 trillion of which was basically a handout for businesses). But I'm sure his "brilliant business mind" knew exactly how to spend the money so as to not cause any inflation.