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Trump Declares Inflation Defeated Amid Economic Concerns

1/14/2026

Summary

Story summary

U.S. President Donald Trump claimed inflation is defeated at a Detroit Economic Club speech.
A report shows 2.7 percent annual price growth, while critics say inflation remains high.
Economic experts note that 2025 job growth was the worst since 2003 and unemployment reached 4.5 percent.
A poll finds 48 percent of Michiganders believe Trump's policies weakened the economy, while Democrats stress affordability for the midterms and Republicans blame Biden.

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Story summary

U.S. President Donald Trump claimed inflation is defeated at a Detroit Economic Club speech.
A report shows 2.7 percent annual price growth, while critics say inflation remains high.
Economic experts note that 2025 job growth was the worst since 2003 and unemployment reached 4.5 percent.
A poll finds 48 percent of Michiganders believe Trump's policies weakened the economy, while Democrats stress affordability for the midterms and Republicans blame Biden.