Money & The Economy

Inflation Drops To Four-Year Low Under Trump

President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four years.

The personal consumption expenditures (PCE) index, one of The Federal Reserve’s primary inflation measurement models, showed a decrease in inflation in April 2025 to a level not seen since March 2021, reported Investor’s Business Daily.

The index, which measures goods and services spending, showed an increase of $47.8 billion, or 0.2%, with major gains in housing and health care according to a report by the Bureau of Economic Analysis.

In April, the PCE and Core PCE, which measures without noting volatile food and energy prices, both rose by only 0.1% from the previous month, according to the report. The consumer price index also indicated a drop in inflation to a four-year low as well, with a seasonal adjusted 0.2% in April, as reported by the Daily Caller News Foundation earlier this month.

Press Secretary Karoline Leavitt championed this Trump administration accomplishment on X, claiming the numbers showed proof the White House’s economic focus “is working.”

Despite concerns about the negative impact of tariffs, including from former Trump administration official Steve Moore, inflation markedly lowered in April, as previously reported by the Daily Caller News Foundation.

“Inflation has slowed noticeably since President Trump took office, and that means relief for the average American who has suffered under years of the Biden administration’s cost-of-living crisis,” EJ Antoni, Chief Economist and Richard Aster Fellow at the Heritage Foundation, told the DCNF. “Not only did the annual rate of increase in the core PCE price index for April hit its lowest level since March 2021, but annual inflation as measured by the headline PCE price index hasn’t been lower since February 2021.”

The Trump 2024 campaign focused heavily on inflation and gas prices under former President Biden, promising Americans to ease the economic struggles.

51% of respondents to a Harvard University Center for American Political Studies/Harris poll released earlier this month said they believe the economy is “strong” under the Trump administration.

The American Institute for Economic Research did not respond for comment.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org

Ellie Fromm

Share
Published by
Ellie Fromm

Recent Posts

Beijing Rails Against ‘Politicization’ Of Tech As Feds Scrub Chinese AI From Government Systems

Beijing is crying foul over an order scrubbing a prominent Chinese artificial intelligence firm’s products…

60 minutes ago

Omar Says ‘Not to My Knowledge’ on Brother-Marriage Claim as DOJ Filing Lists Her as ‘Ilhan Nur Said Elmi’

Rep. Ilhan Omar called the long-running claim that she married her brother "insane" but answered…

1 hour ago

Airbnb Finally Cracks Down On Hosts Treating Guests Like A Free Maid Service

Airbnb announced Tuesday it would crack down on hosts requiring paying guests to wash dishes,…

1 hour ago

President Donald Trump’s Schedule for Thursday, October 22, 2026

Schedule Summary: President Donald Trump will have executive time, receive a briefing, hold a policy…

5 hours ago

Is Your Medicare Advantage Plan Ending? UnitedHealthcare and Humana Cuts Hit Nearly 1 Million Members

UnitedHealthcare and Humana are discontinuing Medicare Advantage plans covering nearly 1 million people for 2027,…

5 hours ago

IBM Beats Forecasts With $17.1 Billion Quarter, but Shares Slide as Sales Outlook Holds

IBM beat third-quarter estimates and raised its free cash flow and software forecasts, but the…

5 hours ago