Only I can fix it · Second term · № 59
Nobody else could have brought prices down
“Inflation is way down. That means prices are coming way down, and we're doing a great job. And remember that for the midterms, I say to that camera. Remember that. Because nobody else could do it. Prices are way down.”
- Said
- , Oval Office remarks before a meeting with Prime Minister Ali Falih Kadhim al-Zaydi of Iraq
- Subject
- inflation and prices
- Topic
- Economy & prices
- Era
- Second term
What happened
The BLS report released that day showed the CPI-U fell 0.4 percent in June 2026, the largest one-month drop since April 2020, but was still up 3.5 percent over 12 months (food up 3.0 percent, shelter up 3.3 percent). The August 2026 report (released September 11, 2026) showed prices up 0.4 percent for the month and 3.4 percent over the year. PolitiFact found that overall prices had risen about 4.3 percent since he began his second term, with groceries up 3.4 percent and gasoline up 31 percent.