🚨🚨 #TRUMP 🚨🚨

🔊 JUST IN: Trump Says “No Inflation” – Urges Fed to Cut Interest Rates ASAP ⚡

Former President Donald Trump is making headlines again—this time by claiming the U.S. is no longer facing inflation and that the Federal Reserve should immediately slash interest rates.

Here’s what he said—and what’s really going on:

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🗣️ What Trump Said

“No inflation!” Trump pointed to lower gas, grocery, and energy prices, claiming that inflation is behind us.

“Time to cut rates!” He urged the Fed to act fast, saying the economy’s in a “transition stage” and needs lower borrowing costs to grow.

“Tariffs are working.” Trump also said tariff revenue is pouring in, backing his economic policies as successful.

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📈 Reality Check: What the Data Shows

Inflation’s not gone yet. Prices are still up 2.4% from last year—above the Fed’s 2% target. Not sky-high, but not zero either.

Gas isn’t $1.98. Trump said fuel is under $2/gallon, but the national average is actually around $3.13.

Mortgage relief is real-ish. 30-year fixed mortgage rates have dropped slightly, now around 6.83%, but they’re still a far cry from pre-2020 levels.

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🏦 What’s the Fed Thinking?

No rush to cut. The Fed is holding rates steady (currently 4.25–4.50%) and staying cautious—thanks to steady job growth and inflation that hasn’t fully cooled.

Markets adjusting. Traders are no longer betting on a June cut—now July looks more likely, with only a few cuts expected this year.

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Bottom Line:

Trump’s talking points are bold—but not fully aligned with the current data. The Fed, meanwhile, is playing the long game, watching inflation and job numbers closely before touching interest rates. Expect more political heat on this as election season ramps up.