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Tipsheet

New Inflation Numbers Are Here and There's Reason to Celebrate

New Inflation Numbers Are Here and There's Reason to Celebrate
AP Photo/J. Scott Applewhite

New inflation numbers are in and down more than predicted in March. 

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The numbers are cause for celebration at the White House, starting with President Donald Trump.

"Just out: 'INFLATION IS DOWN!!!'" Trump posted on Truth Social Thursday morning. 

"Today’s new Consumer Price Index reveals inflation fell to 2.4% in March, smashing expectations for the second straight month — and the first drop in consumer prices in several years. Under President Trump, America is back — but inflation is not," the White House added. "President Trump is making good on his promise to deliver lower costs for Americans, with prices for everyday goods seeing across-the-board declines. Prescription drug prices saw the largest monthly decline on record. Prices for airfare, used vehicles, and car insurance all decreased. Energy prices fell 2.4% in March, driven by plummeting gas prices across the country. As President Trump pursues the largest tax cuts in history, an unprecedented deregulatory agenda, and a manufacturing boom, the American economy is poised to prosper like never before."

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Meanwhile, the European Union came to the negotiating table Thursday morning less than 24 hours after Trump issued a 90-day tariff pause for cooperating countries. 

Editor's Note: President Trump is leading America into the "Golden Age" as Democrats try desperately to stop it.  

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