15 false claims Trump made on ‘60 Minutes’

2. Claim of No Inflation

During his interview, Trump claimed that there was “no inflation” under his administration, a statement that is demonstrably false. While inflation rates have fluctuated over the years, it’s clear from the available data that inflation is still present. As of September 2025, the annual inflation rate stood at 3%, showing a slight increase from 2.9% in August. While this is an improvement from the highs of 2022, it is far from the zero inflation rate that Trump described. Inflation continues to affect the cost of goods and services across the board, from food and gas to housing and healthcare.Trump’s claim that inflation is non-existent or even as low as 2% is misleading at best and harmful at worst, as it downplays the real economic pressures that continue to affect American families. Rising prices for everyday necessities are still a significant issue, and dismissing inflation as a non-issue only serves to disconnect policy from the lived reality of most Americans.

Instead of pretending that inflation is a thing of the past, a more honest conversation about the ongoing challenges would help Americans better understand the economic landscape.

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