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Scott Bessent: “There is an index called truflation, which is observed…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Published | Video Starts at 14:53

Thus far we have seen an increase in real wages. CPI for 2025 is 2.7%. And we have seen it fall for the past three months to 2.1. And There is an index called truflation, which is observed inflation, not measured inflation, which comes with a lag that just fell below 1%. Wow. I only have a minute left. I'm holding everyone to the same standard, including myself. So here's probably not my last question, but I'm getting close to the end. (14:53–15:04)

CLAIM

Asserts that the truflation index, which measures observed inflation, has fallen below 1%.

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