President Donald Trump on Friday described the U.S. economy as being in a "transition stage," pointing to strong employment, falling prices, and revenue from tariffs. “We’re only in a transition stage, just getting started!” he wrote on Truth Social, following new data showing a slight slowdown in April job growth.
Trump highlighted falling gasoline prices, cheaper groceries, and lower mortgage rates as signs of progress, while repeating his call for the Federal Reserve to cut interest rates. “No inflation, Fed should lower its rate," he declared.
