UPDATE: In a high-stakes speech, former President Donald Trump proudly announced that inflation has dropped to the lowest levels in over five years, attributing this success to his administration’s economic policies. Just moments ago, he contrasted current inflation rates with those experienced during the Biden–Powell era, claiming significant progress in stabilizing the economy.
Trump’s assertions come as the nation grapples with the aftermath of soaring prices post-pandemic. He emphasized that in just twelve months, core inflation has plummeted to 1.7%, a sharp decrease from 3.4% at the end of 2024. “The Biden administration gave us the worst inflation in the history of our country,” Trump declared, while touting his administration’s quick turnaround.
The former president explained, “The math here is pretty simple. Core inflation is down to the lowest level since early 2021.” This claim has immediate implications for American families, who have felt the pinch of rising costs in everyday goods.
As inflation rates continue to decline, Trump pointed to the effectiveness of his policies, which were initially criticized as inflationary. He specifically mentioned tariffs and tax cuts, stating that these measures, contrary to predictions, have not harmed the economy as critics suggested. Despite ongoing attacks from some economists, Trump insists that the data support his administration’s approach.
In addition to his remarks on inflation, Trump highlighted that 69% of core Personal Consumption Expenditures (PCE) and over 80% of core services had inflation rates above 2% as of December 2025. However, he reassured listeners that the median CPI is stabilizing, with an annualized rate of 2.35% in January, below long-term averages and indicating a healthier economic outlook.
This speech comes at a critical time as Trump seeks to consolidate support ahead of upcoming elections. His focus on economic recovery resonates deeply with voters who have been directly affected by inflation in recent years. The audience’s response suggests that these claims are likely to energize his base and may influence public perception moving forward.
Looking ahead, the economic landscape will be closely monitored as further data is released. How Trump’s policies are perceived by the public and their actual impact on inflation will undoubtedly shape the political conversation in the coming months. As the situation develops, more updates are expected regarding the administration’s economic strategies and their effectiveness.
Stay tuned for more breaking news on the economic front and Trump’s ongoing influence on U.S. policy.
