Trump claimed in his address to Congress that he inherited an economic catastrophe from Joe Biden, stating that the US experienced the worst inflation in 48 years. However, BBC Verify found that the US economy was growing at an annual rate of 2.3% in the final quarter of 2024 under the previous administration and the inflation rate had dropped to 3% by the time Trump took office, with the International Monetary Fund estimating the US growth rate in 2024 as faster than any other G7 nation.

Source: https://www.bbc.com/news/articles/cp3ylpd2n9no