Trump made many statements on US economy. Most are untrue
Al Jazeera
In address to media on Tuesday, US president made many false claims, including that there was ‘no inflation’ in the US.
United States President Donald Trump has made a range of claims about the state of the US economy.
In a long and meandering address to the media on Tuesday, the first year anniversary of his second term as president, Trump’s claims ranged from there being “no inflation” in the US to drug prices being slashed by as much as 600 percent. Most claims were factually inaccurate.
Al Jazeera examined some of his statements on the economy:
Core inflation has been at 1.6 percent for the past three months, and there is “no inflation”.
Both claims are false. Core inflation in November and December stood at 2.6 percent year over year, according to the Bureau of Labor Statistics (BLS).
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