President Trump Promised to Tackle Inflation, March Numbers Confirm It

Consumer prices fell 0.1% in March, defying predictions that President Trump’s tariffs would spike inflation.

It’s the first monthly drop since 2021 and only the second since Biden-era inflation took off.

Looks like Trump’s economic critics might need to recalculate.

He said he would bring them down, and this is just the beginning.

“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods,” Trump said.

Here’s a post from his son:

BREAKING: Inflation drops to 2.4% for the month of March – Lower than the expected 2.5%.

And Core CPI inflation falls below 3.0% – The lowest since March 2021.

Promises made, promises kept. pic.twitter.com/JXMsp5kx2c

— Donald Trump Jr. (@DonaldJTrumpJr) April 10, 2025

Breitbart reports:

U.S. consumer prices fell in March, pushed down by a decline in the price of goods and defying predictions that President Trump’s tariff plans would push up prices. This was the first drop in consumer prices in nearly three years and only the second decline since inflation accelerated under Joe Biden to the worst rates in decades.

The consumer price index fell by 0.1 percent compared with the previous month after climbing each month since July 2022. Economists had forecast prices would rise by 0.1 percent.

Core consumer prices, a measure that excludes volatile food and energy prices, rose by 0.1 percent, far less than the 0.3 percent expected. This was the smallest rise in core prices since President Trump’s first term as president.

The fall in prices marks a significant political victory for Donald Trump, who said on the campaign trail that he would bring down consumer prices.

“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods,” Trump said.

Economists were skeptical that prices would fall, often arguing that while the rate of price increases might decline, it was unlikely the absolute price level would decline. The March report demonstrates Trump was right that prices could be brought down.

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Economists were skeptical that prices would fall, often arguing that while the rate of price increases might decline, it was unlikely the absolute price level would decline. The March report demonstrates Trump was right that prices could be brought down.

🚨JUST ANNOUNCED: Today is Thursday. Good Thursday. March CPI inflation drops to 2.4% – Lower than the expected 2.5%.

Core CPI inflation falls to 2.8%, below expected 3.0% – The lowest since March 2021. #TRUMPUMP

Promises made, promises kept. The Trump Effect! America is… pic.twitter.com/WGftsH6W8o

— AJ Huber (@Huberton) April 10, 2025

But Chuck Schumer thinks President Trump isn’t going to keep his promises.

Always believe the opposite of Schumer.

In February, Chuck Schumer said President Trump "is not going to keep his promise to lower costs."

Today, we found out core inflation is at its lowest rate since March 2021.

Trump has been proven right once again! pic.twitter.com/xmx0g49wO3

— Jim Banks (@Jim_Banks) April 10, 2025