From The Hill:
President Trump and top White House officials are ramping up pressure on the Federal Reserve to cut interest rates after two surprisingly strong economic reports.
Data released by the Labor Department on Friday showed inflation falling below economist expectations in January, two days after the January jobs report showed a surprising surge in hiring last month.
The double dose of good economic news was sorely needed for Trump and Republicans, who have faced backlash over the state of the job market and inflation for more than a year.
“We’ve brought costs way down, and the numbers were surprising — except to me, they weren’t surprising,” Trump said in comments at the White House on Friday. “The inflation numbers are way down. We brought it back on track.”
.@POTUS on the CPI report: "The inflation numbers that just announced, as you know, are way down, and we have it back on track. We had the worst in the history of our country, and now, we have very modest inflation, which is what you want to have." pic.twitter.com/yRwDK5wDho
— Rapid Response 47 (@RapidResponse47) February 13, 2026
Trump officials have pushed the Fed for lower interest rates, emboldened now by the job gains and inflation.
“With inflation now low and stable, America’s economy is set to turbocharge even further through long-overdue interest rate cuts from the Fed,” White House deputy press secretary Kush Desai said after the reports were made public.
Kush Desai: "When you dig a little deeper into today's inflation report, we also saw, for instance, prescription drug prices actually decline last year — and that's [in addition] to the fact that we just launched TrumpRx."
— Breaking911 (@Breaking911) February 13, 2026
Read more at The Hill
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