“Did Donald Trump accurately claim that price increases across America were caused by the Biden administration, not his administration, and that prices are now “coming down sharply”?”

President Donald Trump has frequently asserted that the inflation experienced during his second term was inherited from the Biden administration and that his policies have caused prices to 'come down sharply.' These claims are contradicted by data from the Bureau of Labor Statistics (BLS). According to multiple independent fact-checking organizations and economic reports, consumer prices have generally continued to trend upward since January 2025. For instance, reports from 2026 indicate that overall prices increased by approximately 4.3% since the start of his second term, with significant spikes in energy costs due to geopolitical factors like the war in Iran. While some specific goods (such as eggs or certain durable items) may have seen price fluctuations or decreases, the broad claim that prices are 'all coming down' is inaccurate. Furthermore, economists generally note that presidential influence over inflation is limited, and attributing the entirety of post-pandemic inflation solely to the Biden administration ignores complex global economic factors, including supply chain disruptions and post-COVID recovery trends.