Claim: The United States currently has no inflation
Veracity: FALSE
Reality: The current inflation rate is 2.9% year over year and rising. 2.9 is greater than zero, so the claim that there is no inflation is false. Additionally the current rate is higher than the Federal Reserve's price stability target rate of 2%. The White House themselves have released statements contradicting claims of "no inflation."
Liars:- Donald Trump: "We have no inflation." (2025-10-02)
- Donald Trump: "Just out: No Inflation!!!" (2025-09-19)