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The Daily Signal

‘Truflation': Trump’s Actual Inflation Rate | E.J. Antoni, Ph.D.

The Daily Signal

The Daily Signal

Government, Daily News, News, Politics

4.81.4K Ratings

🗓️ 6 February 2026

⏱️ 10 minutes

🧾️ Download transcript

Summary

President Trump’s “clamoring for the Federal Reserve to lower interest rates” may finally pay off later this year when Kevin Warsh takes over as the new Fed chair.  Trump “shouldn’t have to wait that long,” however, because his appeal to the Fed has been “on the grounds that inflation is much lower than what’s being officially reported,” explains E.J. Antoni, Ph.D., The Heritage Foundation’s chief economist.  “ It turns out Trump is spot on with today's real inflation rate being only one-third the official metrics. In fact, these numbers come from the real-time price aggregator Truflation which monitors millions of prices every single day. That is orders of magnitude more than the Bureau of Labor Statistics, or BLS, which only observes a few thousand prices just three times per month.” (00:00) Trump's Push for Lower Interest Rates (01:49) Understanding Real Inflation Rates (03:40) Comparing Truflation and CPI (06:26) Housing Costs and Inflation Metrics (09:02) The Impact of Lower Interest Rates (09:38) Conclusion and Next Steps 👉For more videos like this, subscribe to The Daily Signal’s YouTube channel and enable notifications to be alerted the second a new video drops: https://www.youtube.com/dailysignal?sub_confirmation=1 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:29.8

President Trump has been clamoring for the Federal Reserve to lower interest rates,

0:33.6

and he may finally get his way later this year with Kevin Warsh as the new Fed chair,

0:39.3

but he shouldn't have to wait that long. Trump's appeal to the Fed has been on the grounds that inflation is much lower than what's being

0:44.3

officially reported.

0:45.3

And it turns out, Trump is spot on with today's real inflation rate being only one-third,

0:50.3

the official metrics.

0:51.3

In fact, these numbers come from the real-time price aggregator

0:54.7

truflation, which monitors millions of prices every single day. That is orders of magnitude more

1:01.6

than the Bureau of Labor Statistics, or BLS, which only observes a few thousand prices just three times per

1:06.8

month.

1:18.8

Hi, this is E.J. Antony for the Daily Signal.

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