Washington D.C., July 15, 2025 — The White House has announced that inflation in the United States is “right on target” under President Donald J. Trump, with core inflation holding steady and economic indicators pointing to continued stability for American households.
In a statement released Monday, White House Press Secretary Karoline Leavitt declared, “Every month since President Trump took office, core inflation — the best measure of inflation — has beat or matched expectations.” She emphasized that critics of the administration’s tariff policies, dubbed “Panicans,” have been proven wrong as consumer prices remain in check.
According to the latest Consumer Price Index (CPI):
Annual inflation continues to slow, now below last year’s rate.
Core inflation sits at 2.1%, a level not seen since Trump’s first term, consistently aligning with or beating economist forecasts.
Real wages are rising, with production and nonsupervisory workers seeing a 1.3% increase over the past year.
Key consumer costs are dropping, including prices for vehicles, airfare, fuel, and even fresh vegetables. Shelter inflation has also hit a four-year low.
Financial commentators echoed the administration’s optimism:
Rick Santelli of CNBC noted that inflation numbers remain “pretty respectable” and the feared collapse of the labor market hasn’t materialized.
Maria Bartiromo of Fox Business called the CPI data “another victory for President Trump,” crediting his focused inflation-fighting policies.
As the Trump administration doubles down on its economic message ahead of the 2026 midterms, the latest inflation data provides a major boost to its narrative — that under Trump, the American economy is not only recovering but thriving.
