December 18, 2025 | Rapid Response | Sonali Patel
Economy

President Trump's November Inflation Report Shatters Expectations

Rapid Response

President Trump's November inflation report crushes expectations with core inflation at 2.6% — the lowest it’s been since March 2021 when Biden took office.
 

What they are saying:

  • CNBC: "A very good number."
  • Economist Stephen Moore: "Amazing... This is good news for Wall Street, it's good news for Main Street... I got a big smile on my face right before Christmas with this number."
  • CNN: "Clearly, this is another step in the right direction."
  • Ken Rogoff, Harvard Professor of Economics: "I was surprised. It was a better number than anyone was expecting... it was positive news — there's no other way to spin it."

As President Trump said in his address last night, he will continue to put America First and deliver real results.