"Inflation is plummeting," Trump said, adding, "the Biden administration and its allies in Congress gave us the worst inflation in the history of our country."

Original review summary

The review says U.S. inflation was 2.4% in January 2026, compared with 3% when Trump took office in January 2025, and that inflation had already fallen sharply before his return. It also says the largest 12-month price increase in U.S. history was 23.7% from June 1919 to June 1920, not during the Biden administration.[S1]