inflation did rise significantly after Donald Trump’s first term ended, but since he came back into office on January 20, 2025, headline inflation has remained relatively stable around 2.2–2.4%, and it’s been in a slow downward trend—even dipping around the Federal Reserve’s 2% target.⸻???? Inflation under Trump’s current administration • As of May 2025, the U.S. Consumer Price Index (CPI‑U) was +2.4% year-over-year, with that same monthly increase—0.1%—month-to-month  . • Independent trackers like YCharts report the May inflation rate at 2.35%, up just slightly from 2.31% in April . • Wikipedia’s coverage of the first 100 days notes inflation ranged from 2.2% to 2.4% since January 2025 ().So, in Trump’s current term, inflation has not spiked, but hovered near the Fed’s comfort zone of 2%.⸻???? Recent trend — is inflation going down?Yes, the trend is generally downward: • From a high of ~9.1% in June 2022 (mid-Biden presidency), inflation has steadily declined over the last three years  . • As of May 2025, inflation is down to 2.4%, creeping closer to long-term averages (around 3.3%) (). • Core inflation—excluding food and energy—was 2.8% annual in May and similarly trending down from prior months .That means inflation is slowing, approaching but still slightly above the Fed’s 2% target.
