Trump Predicts Lower US Inflation by End of 2026 as Oil Prices Fall
US President Donald Trump has expressed confidence that inflation in the United States will ease before the end of 2026, saying lower oil prices could help bring down the overall cost of living.
Speaking during an interview with Fox Business on Wednesday, Trump was asked whether he expects inflation to be lower by the end of the year. He responded, “I think so,” explaining that his optimism is based largely on the expectation that energy prices will decline.
According to Trump, oil prices may continue to fluctuate in the short term, describing the market as moving like a “yo-yo” with prices rising and falling. However, he believes that once the conflict involving Iran comes to an end, crude oil prices could fall significantly.
“When this is over, oil is going to drop like a rock,” Trump said, suggesting that lower energy costs would help reduce inflationary pressures across the US economy.
Energy prices play a major role in inflation because they influence transportation, manufacturing, and household expenses. A sustained drop in oil prices could therefore contribute to slower price growth if market conditions develop as Trump anticipates.
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