Trump says inflation is 'defeated' and the Fed has cut rates

ABC NewsSunday, October 12, 2025 at 12:32:20 PM
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Trump says inflation is 'defeated' and the Fed has cut rates
Former President Trump recently claimed that inflation is 'defeated' and highlighted that the Federal Reserve has cut interest rates. However, this statement comes at a time when inflation has actually risen in three of the last four months and is slightly higher than it was a year ago. This discrepancy raises concerns about the accuracy of Trump's assessment and the potential impact on economic policy.
— Curated by the World Pulse Now AI Editorial System

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