Select Language

Trump says inflation will be at 1.5% "pretty soon"

Breaking news

Trump says inflation will be at 1.5% "pretty soon"

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.11.11 07:49
Trump says inflation will be at 1.5%

update 2025.11.11 07:49

US President Donald Trump hit the newswires with his standard array of comments touching on multiple trade deals that remain unofficial and unfinalized, as well as broad claims about the US economy, and issuing a premonition that inflation will reach 1.5% "pretty soon", a level of inflation that has evaded the US economy for nearly four years after shooting above that level in February of 2021. 1.5% inflation is also well below the long-run average for US inflation over a ten-year period.

Key highlights

We're making a deal with India, different to one we had in the past. We are getting close.
(when asked if he supports the short-term funding bill working through the US government) I would say so.
We are going to be a country very quickly.
The (shutdown) deal is very good.
We will bring India tariffs down at some point.
We will issue a dividend to middle and lower-income people of $2000, thanks to tariffs.
We want healthcare where we pay money to people, not healthcare companies.
It would be an economic and national security disaster if the court ruled against tariffs.
We will hit 1.5% inflation pretty soon.
India tariffs are high because of Russian oil purchases. India is stopping Russian oil purchases.
We are working with Switzerland on a deal to lower tariffs.
We are working on a tariff a little bit lower for Switzerland.


Date

Created

 : 2025.11.11

Update

Last updated

 : 2025.11.11

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

GBP/USD holding just below 1.32 as UK labor data rounds the corner

GBP/USD kept its foot on the gas pedal on Monday, extending into a four-day win streak as Cable traders gear up for the latest round of UK employment figures.
New
update2025.11.11 09:23

Gold Price Forecast: XAU/USD holds positive ground above $4,100 as Fed rate cut expectations rise

Gold price (XAU/USD) holds positive ground near $4,120 during the early Asian session on Tuesday. The precious metal edges higher after reaching a two-week high in the previous session, amid prospects for rate cuts by the US Federal Reserve (Fed) in December and a softer US Dollar (USD).
New
update2025.11.11 09:06

When are the RBNZ Inflation Expectations, and how could they impact NZD/USD?

Quarterly business managers' survey results, collected and released by the Reserve Bank of New Zealand (RBNZ), give a rough aggregate overview of where New Zealand operators expect inflation rates to land within the next two years.
New
update2025.11.11 08:59

USD/JPY gathers strength above 154.00 amid hopes for end to US shutdown

The USD/JPY pair attracts some buyers to near 154.10 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as hopes grow for a potential deal to end the 41-day US federal government shutdown in the coming days.
New
update2025.11.11 08:14

GBP/JPY Price Forecast: Breaks above 203.00 as bulls eye 204.25

The Pound Sterling extended its gains versus the Japanese Yen on Monday, surpassing the 203.00 milestone as it gains over 0.54% clearing key previous resistance level turned support at the 20-day SMA at 202.37.
New
update2025.11.11 07:50

Trump says inflation will be at 1.5% "pretty soon"

US President Donald Trump hit the newswires with his standard array of comments touching on multiple trade deals that remain unofficial and unfinalized, as well as broad claims about the US economy, and issuing a premonition that inflation will reach 1.5% "pretty soon", a level of inflation that has
New
update2025.11.11 07:48

EUR/USD steady amid US shutdown deal speculation and cautious ECB tone

EUR/USD holds firm at around 1.1550 on Monday, virtually unchanged as the Greenback trims some of its earlier losses amid news that the White House backs a deal to end the US shutdown in the coming days, as reported by Bloomberg. At the time of writing, the pair trades flat at 1.1560.
New
update2025.11.11 06:26

FX Today: UK jobs report and the weekly ADP figures take centre stage

The US Dollar (USD) traded without clear direction on Monday, as hopes grew for a potential deal to end the 40-day federal government shutdown in the coming days.
New
update2025.11.11 04:03

Gold rises despite easing Fed cut bets, US Dollar recovery

Gold price rallies over 2% on Monday as investors increases bets on a Federal Reserve (Fed) rate cut at the December meeting. Meanwhile, news of a possible reopening of the US government pushed the Greenback higher, yet the yellow-metal buyers remain reluctant to give way to earlier gains.
New
update2025.11.11 03:24

AUD/USD climbs after hawkish RBA remarks, rising Q3 inflation

AUD/USD appreciates toward 0.6520 on Monday at the time of writing, up 0.40% for the day.
New
update2025.11.11 03:14

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel