“We Have It Back On Track” – Trump Touts Latest Inflation Numbers

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Donald Trump was right again.

Inflation is falling.

Trump celebrated the news, saying, “The inflation numbers that just announced, as you know, are way down, and we have it back on track. We had the worst in the history of our country, and now, we have very modest inflation, which is what you want to have.”

.@POTUS on the CPI report: “The inflation numbers that just announced, as you know, are way down, and we have it back on track. We had the worst in the history of our country, and now, we have very modest inflation, which is what you want to have.” pic.twitter.com/yRwDK5wDho

— Rapid Response 47 (@RapidResponse47) February 13, 2026

Inflation hit 2.4% year over year in January.

This was down from 2.7% the month before.

Newsweek reported:

The latest inflation reading from the Department of Labor has revealed that inflation—while still far from the flat levels touted by President Donald Trump—continues to slow toward its pre-pandemic rates, adding to a run of encouraging economic signals that have marked the opening of 2026.

On Friday morning, the Bureau of Labor Statistics (BLS) reported that consumer prices rose 0.2 percent in January, down from a 0.3 percent increase in December. On an annual basis, inflation eased to 2.4 percent from 2.7 percent the previous month, marking the lowest year‑over‑year reading since May 2025. Prior to the release, analysts had forecast the monthly rate holding steady at 0.3 percent, with annual inflation dropping less significantly to 2.5 percent.

Meanwhile, core inflation—which excludes the volatile food and energy categories—climbed to 0.3 percent from 0.2 percent on a monthly basis, as the annual rate fell to 2.5 percent from 2.6 percent, both in line with consensus expectations.

This follows the agency reporting on Wednesday that the U.S. economy added 130,000 jobs during the month, nearly double the amount forecast by analysts, and up from tallies of 48,000 in December and 41,000 in November.

Promises made, promises kept!