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Dec 23, 2025

Trump Admin Optimistic About Economy As Inflation Slowed in November-llllllllllll

President Donald Trump and members of the White House are continuing to boast about inflation coming in at 2.7 percent for November, which was lower than expected. Members of the president’s administration are arguing that the U.S. economy is set to take off in 2026.

Paul Ashworth, Oxford Economics’ chief North America economist, was especially shocked by the numbers, particularly the small rise in housing costs.

“It’s possible that this does reflect a genuine drop off in inflationary pressures, but such a sudden stop, particularly in the more-persistent services components like rent of shelter is very unusual, at least outside of a recession,” he wrote in a note.

Treasury Secretary Scott Bessent echoed a similar tune, saying they believe “2026 will be a great year for growth, inflation, and the American people.”

Fox News host Laura Ingraham asked, “Secretary, Scott Bessent to. There is great news on inflation, the big announcement about drug prices at the White House from the president. So I’m watching this and things are moving in the right direction. But why are Americans still so pessimistic?”

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