Source: Town Hall
by EJ Antoni, Ph.D.
“President Trump has been clamoring for the Federal Reserve to lower interest rates on the grounds that inflation is much lower than what’s being officially reported. It turns out Trump is spot on, with today’s real inflation rate being only one-third of the official metrics. These numbers come from the real-time price aggregator Truflation, which monitors millions of prices daily. That is orders of magnitude higher than the Bureau of Labor Statistics (BLS), which observes only a few thousand prices three times per month. According to Truflation, prices have risen an average of just 0.9 percent over the last 12 months. That’s about as good as it gets outside of a recession, especially when the Fed is engaged in money printing, euphemistically called ‘quantitative easing’. Truflation’s annual inflation rate is now much lower than the official inflation rate of 2.7 percent reported by the consumer price index (CPI).” (02/04/25)
https://townhall.com/columnists/ej-antoni/2026/02/04/less-than-1-percent-inflation-yes-n2670615