BY Benjamin ClarkMay 31, 2025
9 months ago
BY 
 | May 31, 2025
9 months ago

Inflation plummets to 4-year low under Trump

Hold onto your wallets, folks -- President Donald Trump just notched a major win as inflation takes a nosedive to its lowest point in four years.

In a stunning turn of events reported by the Commerce Department, the personal consumption expenditures (PCE) index -- a critical measure of inflation favored by the Federal Reserve -- plunged in April 2025 to levels not seen since early 2021, signaling a powerful boost for the Trump administration’s economic playbook, as the Daily Caller reports.

This drop isn’t just a number on a spreadsheet; it’s a lifeline for Americans battered by years of rising costs. The PCE index, which tracks spending on everything from groceries to healthcare, rose by a mere $47.8 billion, or 0.2%, in April, with notable upticks in housing and health care costs. Still, the overall slowdown in price growth is a welcome breather.

Inflation metrics show impressive results

Even more telling, both the PCE and the Core PCE, which strips out the rollercoaster of food and energy prices, edged up by just 0.1% from the prior month.

That’s not a slowdown; that’s practically a standstill. It’s the kind of stat that makes you wonder if the economic doom-and-gloom crowd might owe someone an apology.

The consumer price index, another key gauge, mirrored this trend with a seasonally adjusted bump of only 0.2% in April, hitting a four-year low as reported earlier by the Daily Caller News Foundation. Turns out, when you focus on results over rhetoric, the numbers start to speak for themselves.

Karoline Leavitt, Trump’s press secretary, didn’t hold back on social media, declaring on Friday that “Trump’s economic agenda is working.”

Well, when inflation craters like this, it’s hard to argue otherwise. The data seems to be waving a big, red “Mission Accomplished” banner.

Economists praise turnaround

EJ Antoni, Chief Economist at the Heritage Foundation, chimed in with a nod to the relief this brings, telling the Daily Caller News Foundation that inflation has “slowed noticeably” since Trump took the reins.

He’s not wrong -- families who’ve felt the pinch of skyrocketing costs under previous policies are finally catching a break. It’s almost as if prioritizing American wallets over progressive pipe dreams pays off.

Antoni doubled down, noting that the core PCE rate for April reached its lowest annual increase since March 2021. He added that the headline PCE hasn’t been this tame since February of that year. That’s not just a statistic; it’s a slap in the face to critics who swore tariffs would tank the economy.

Speaking of tariffs, despite warnings from skeptics -- including some former Trump allies like Steve Moore -- about their potential to fuel price hikes, inflation still tumbled in April. Maybe it’s time for the naysayers to admit that not every policy boogeyman turns out to be real. Actions, as they say, tend to have consequences -- sometimes surprisingly good ones.

Public sentiment grows optimistic

The public seems to be noticing, too, with a Harvard University Center for American Political Studies/Harris poll from earlier in May showing 51% of respondents rating the economy as “strong” under Trump. That’s a majority tipping their hat to policies that put everyday folks first, not ivory-tower theories. It’s refreshing to see Americans feeling hopeful instead of being lectured to about their “privilege.”

Trump’s campaign had hammered hard on inflation and gas prices during past political battles, vowing to ease the burden on working families. With numbers like these, it’s clear that the promise wasn’t just hot air. The contrast with past economic struggles couldn’t be more stark -- or more satisfying.

While some organizations, like the American Institute for Economic Research, stayed mum when approached for comment, the data speaks loud enough on its own. You don’t need a think tank to tell you that lower inflation means more money in your pocket. Sometimes, silence is just an admission that the facts are undeniable.

Tangible economic relief seen

This economic turnaround isn’t just a fluke -- it’s the result of a deliberate shift away from policies that left Americans drowning in debt and despair. When leadership focuses on real-world results over trendy social experiments, the average citizen wins. That’s a lesson some in Washington might want to scribble down.

So, while the chattering class debates the ins and outs of tariffs and trade, families across the country are seeing relief at the checkout counter. It’s not perfect, and challenges remain, but a four-year low in inflation is a victory worth celebrating. Let’s hope this momentum keeps rolling, because Americans deserve more wins like this.

For now, Trump can take a well-earned bow as the Commerce Department’s report paints a picture of progress. If this is what “making America great again” looks like on the economic front, count a lot of folks in for the ride. After all, prosperity isn’t a partisan issue -- it’s a human one.

Written by: Benjamin Clark
Benjamin Clark delivers clear, concise reporting on today’s biggest political stories.

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