“There’s no other way to spin it,” Ken Rogoff told “CNN\u2019s News Central” on Thursday<\/a>.<\/p>\n The stronger-than-expected report arrives as the White House faces continued scrutiny over the pace of the economic recovery. On Thursday, the Labor Department reported<\/a> that inflation eased to 2.7% in November 2025, down from 3% in September 2025.<\/p>\n TRUMP DROPS RECEIPTS ON US SAVINGS SINCE BIDEN’S OVAL OFFICE EXIT<\/a><\/p>\n President Donald Trump speaks during a prime-time address to the nation in the Diplomatic Reception Room of the White House in Washington, D.C., on Wednesday. (Doug Mills\/The New York Times\/Bloomberg via Getty Images)<\/p>\n During a primetime address on Wednesday<\/a>, Trump addressed economic concerns and criticized his predecessor\u2019s handling of the issue. The president argued his administration turned the economy around after inheriting significant challenges from the Biden administration.<\/p>\n ‘PRICES ARE COMING DOWN’: TRUMP HAILS HIS ECONOMY, BLAMES BIDEN AS VOTERS SAY COSTS STILL STING<\/a><\/p>\n “Here at home, we\u2019re bringing our economy back<\/a> from the brink of ruin,” Trump said.<\/p>\n “The last administration and their allies in Congress looted our Treasury for trillions of dollars, driving up prices and everything at levels never seen before. I am bringing those high prices down and bringing them down very fast,” he added.<\/p>\n Kenneth Rogoff, professor of economics at Harvard University, appears at the 24th Jacques Polak Annual Research Conference in Washington, D.C., on Nov. 9, 2023. (Ting Shen\/Bloomberg via Getty Images)<\/p>\n On CNN, Rogoff said the drop in inflation was larger than many economists anticipated.<\/p>\n TRUMP SAYS THOSE AGAINST TARIFFS ‘SERVING HOSTILE FOREIGN INTERESTS,’ ‘FULL BENEFIT’ YET TO BE SEEN<\/a><\/p>\n “I was surprised, it was a better number than anyone was expecting. Look, inflation\u2019s been very high. It\u2019s stayed high. It has not been coming down,” he said.\u00a0<\/p>\n “People were expecting it to be above 3%. It was well below 3%. I mean, I think the president will take this as good news<\/a>. The investors will think that interest rates [will] get cut more,” Rogoff said.<\/p>\n President Donald Trump displays a signed executive order imposing tariffs on imported goods during a “Make America Wealthy Again” trade announcement event in the White House Rose Garden on April 2. (Andrew Harnik\/Getty Images)<\/p>\n CLICK HERE TO DOWNLOAD THE FOX NEWS APP<\/a><\/p>\n During his address, Trump also announced<\/a> “Warrior Dividends,” stipends that will be sent to all active-duty military members in honor of the nation\u2019s 250th anniversary.\u00a0<\/p>\n![\"President](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/12\/donald-trump-prime-time-address-white-house-fox-news.jpg\")
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