Trump shares Stephen Moore chart claiming inflation runs at half the Biden rate
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Trump shares Stephen Moore chart claiming inflation runs at half the Biden rate

Trump the graphic compares cumulative CPI growth about 16 months into each term, listing 3.6% in the first Trump term, 11.7% under Biden and 5.5% in the current term.

Richard Miniter
By
First Published: July 19, 2026, 10:30 AM ET

WASHINGTON D.C. — Donald Trump shared a chart claiming inflation has run at half the pace seen under his predecessor.