BREAKING: Former President Donald Trump has just announced a significant achievement in reducing inflation during his second term, revealing core inflation rates at their lowest in over five years. In a speech earlier today, Trump highlighted the stark contrast between the current economic landscape and the inflation crisis experienced under the Biden administration, asserting that his administration’s policies have successfully reversed the damaging trends.
During his address, Trump stated, “The Biden administration and its allies in Congress gave us the worst inflation in the history of our country. But in 12 months, my administration has driven core inflation down to 1.7%, the lowest level since early 2021.” This announcement comes as inflation rates have plummeted from 3.4% at the end of 2024, showcasing a remarkable turnaround in economic conditions.
Trump’s claims are underscored by recent data showing that the consumer price index, excluding food and energy, has seen a year-over-year increase of only 2.5% in January. Experts note that this figure is well below both the long-term averages and the inflation levels experienced prior to Trump’s term. The former president emphasized that his policies have defied initial predictions of economic disaster, stating, “Critics predicted my administration’s actions would worsen inflation, but the numbers tell a different story.”
The positive economic trends continue as Bank of America reports that a significant portion of goods have either stabilized or decreased in price. Specifically, year-over-year core goods saw just a 1.1% increase, a figure that remains below the historical average. This data suggests that Trump’s economic strategies, which include tariffs and tax cuts, have not had the inflationary impact critics anticipated.
Despite ongoing criticism from opponents, Trump’s administration has maintained focus on economic recovery. He called out the skepticism surrounding his policies, arguing that the claims against him are unfounded. “No facts or economic evidence can dissuade them from their beliefs,” he remarked, highlighting the contentious nature of current economic debates.
As the nation gears up for the 2026 midterm elections, Trump’s speech serves as a rallying cry for supporters, showcasing his economic accomplishments while challenging the narratives set forth by his critics. The former president is poised to leverage these economic indicators as he campaigns for renewed support.
Looking ahead, all eyes will be on how these inflation figures influence public opinion and the upcoming elections. With the economic landscape still a hot topic, Trump’s claims are likely to be a focal point in discussions about the future of U.S. economic policy.
Stay tuned for further updates as this story develops and as more data emerges regarding the state of inflation and economic recovery under Trump’s leadership.
