Karoline Leavitt: “In January, when this president showed up to the White…”

“Now this president is focused on tackling inflation, deregulating, cutting costs, cutting red tape to make it easier for small business owners to thrive. And again, the economic indicators show that we are moving in the right direction. In January, when this president showed up to the White House, the six month annualized core inflation rate was 3.7%. Today, six months later, the six month annualized core Inflation rate is 2.54%. So we are trending in the right direction moving forward. Since President Trump took office for another six months, inflation will be tracking at 1.9%. At this trajectory.” (30:32–30:46)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.