>> Continued From the Previous Page <<
One of the standout figures in these latest reports is the core inflation rate, which strips out the volatile prices of food and energy. That rate now stands at 2.8 percent—the lowest level since March 2021, a key milestone for the U.S. economy. Experts had predicted a rate of 2.6 percent, with the core inflation forecast set at 3 percent, making this news even more encouraging.
In a video posted on X, Council of Economic Advisers Chairman Steve Miran credited former President Trump’s economic policies for helping bring inflation under control. “The core inflation print, which is inflation stripping out volatile things like food and energy, that core inflation print on an annual basis was the lowest core inflation print since March of 2021,” Miran explained. “So President Trump’s policies are working at keeping inflation at bay, keeping inflation down.”
Miran went on to emphasize the broader economic success under Trump’s leadership, adding, “Between that and what’s going on with trade, you know, America is back.”
One of the key factors in the latest decline in inflation is a significant drop in the price of gasoline, which fell by 6.3 percent. This contributed to an overall decrease in energy prices. On the housing front, shelter prices saw a modest increase of just 0.2 percent in March, bringing the year-over-year rise to 4 percent—marking the smallest increase since November 2021.
“Promises Made. Promises Kept!” White House Press Secretary Karoline Leavitt tweeted in response to the positive economic news. She took to X to highlight the administration’s successes, noting that inflation is down, job growth is strong, and the country is entering what she called the “Golden Age of America.”
Leavitt continued, “President Trump continues to undo the damage done by Joe Biden, and core inflation declined for the second month in a row—great news for American families and businesses.” She praised the Trump administration’s aggressive economic agenda, which she claimed is already driving prices down in key areas, including prescription drugs and car insurance.
“Every day, the Trump Administration is cutting regulations and taking action to deliver on the President’s commitment to quickly lower costs for all Americans,” Leavitt added, reinforcing the narrative of a thriving economy under Trump’s leadership.
Raise a Toast with the Bulletproof Trump Whiskey Glass – A Patriotic Statement Piece
Meanwhile, Vice President J.D. Vance echoed the excitement of many conservatives, calling the report “incredible news.” He tweeted, “Inflation even lower than expected!”
As the American public faces the ongoing recovery from the pandemic and the economic consequences of the Biden administration’s policies, the recent decline in inflation provides a much-needed respite. If the trend continues, it could signal a shift toward greater stability and prosperity for families across the nation.
For now, many are hopeful that this is just the beginning of a broader economic resurgence, thanks to the policy shifts put into motion by the Trump administration. While challenges remain, these positive economic indicators provide a welcome change for Americans who have been grappling with rising prices for far too long.
