Fact-checking Trump on inflation rate at State of Union
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The consumer price index declined unexpectedly in November 2025. It was the first CPI report from the Bureau of Labor Statistics since the government shutdown ended last month. Economists said that the inflation numbers should be interpreted with caution ...
“Just as President Trump told Americans last night: inflation continues to fall, wages continue to rise, and America is trending towards a historic economic boom. Today’s report shows that inflation came in far lower than market expectations — a ...
Year-over-year inflation is down from January 2025 — but only slightly, from 3.0% to 2.7%. The inflation rates for groceries, housing, medical care and clothing haven’t budged from their levels during former President Joe Biden’s final year in office.
The CPI was expected to rise 2.6% on an annual basis last month, according to economists surveyed by financial data firm FactSet. The CPI tracks the changes in a basket of goods and services typically bought by consumers, such as food and apparel.
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
The latest Consumer Price Index was below what economists had expected and likely reflects what they called distortions caused by the government shutdown. Note: Data for October 2025 is missing because of the government shutdown. Source: Bureau of Labor ...
State and local economic conditions and policies lead to deviations in inflation from the national average. For example, if local housing supply is relatively inelastic, then monetary or fiscal expansions translate more into local price increases than into ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic currents would have on individuals' finances and the market.
Inflation remained elevated in November at a level well above the Federal Reserve's target rate as policymakers weigh potential interest rate cuts next year. The Bureau of Labor Statistics said on Thursday that the consumer price index (CPI) – a broad ...
U.S. consumer prices rose 2.7% in December from a year earlier, the Labor Department said Jan. 13, nearly in line with forecasters’ expectations. The final Consumer Price Index report of 2025 caps off a year in which inflation gradually eased ...