Commerce secretary predicts 'extraordinary year' ahead as inflation drops to 2.7% in November
Fox News
Commerce Secretary Howard Lutnick says inflation dropped to 2.7% in November, crediting Trump administration policies for lowering gas prices and economic improvements.
Madison is a writer for Fox News Digital on the Flash team.
"These things are coming down, and I think what you're going to see next year is an extraordinary year," Lutnick said on "America Reports" Thursday.
The Labor Department reported that inflation eased to 2.7% in November, down from 3% in September. Democrats have criticized the administration, saying it should show more improvement in the economy after its first year.
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