Washington Examiner economics columnist Tiana Lowe Doescher credited President Donald Trump for “dramatic improvements” to the economy.
“President Trump is crucially not doing what [former President] Joe Biden did, which is pretending that Americans aren’t disquieted about the economy. That’s despite the fact that obviously dramatic improvements have been made,” Lowe Doescher said on Fox Business’s Mornings with Maria on Thursday. “What President Trump is committing to is focusing on the supply side and demand side of inflation.”
Lowe Doescher also cited that core inflation, which does not account for volatile food and energy prices, is down to 2.7%.
“I think that’s the lowest number we’ve had since Biden started this all, lighting the economy on fire. I think that’s the best core inflation number we have had in what, four years now?” Lowe Doescher said. “That is called bringing it back. Well done to Donald Trump.”
Core inflation fell to 2.6% annually in November, the lowest level since the start of the Biden administration — a major victory for President Trump in combatting the affordability issue that remains voters’ top concern pic.twitter.com/p2YxZR8JXs
— Tiana Lowe Doescher (@TianaTheFirst) December 18, 2025
While inflation is not down to the Federal Reserve’s desired 2%, Chairman Jerome Powell still cut interest rates to target a range of 3.5% to 3.75%, down from 3.75% to 4%. Last week’s announcement marked the third time this year that the Fed cut interest rates.
LOW HOUSING SUPPLY REMAINS TRUMP’S BIGGEST OBSTACLE TO WINNING VOTERS’ ECONOMIC APPROVAL
The Bureau of Labor Statistics reported that inflation rose one-tenth of a percentage point to 2.8% for the year ending in September. The bureau’s report was delayed due to the historic government shutdown.
Food in particular accounts for about 14% of the average household budget and roughly 20% of the total rise in consumer prices since 2021.
