Skip to Main ContentWhite House Declares Inflation ‘Defeated’White House Press Secretary Karoline Leavitt proclaimed victory over inflation on Thursday, citing consumer price index data released this week that paints a muddier picture than she portrayed.“President Trump is making America affordable again,” Leavitt claimed. “Tuesday’s CPI report shows Trump has defeated Joe Biden’s inflation crisis.”(Contrary to Trump’s repeated claims, former President Joe Biden actually handed over a fairly strong economy, having had to tame COVID-era inflation and job losses inherited from Trump’s first term.)In reality, the CPI report shows inflation in some categories has indeed cooled, yet large price increases are still squeeing Americans when it comes to groceries, rent, and health care.Tuesday’s report shows food prices last month were 3.1% higher than they were the year prior, the largest increase in more than three years.See All UpdatesClose