Trump touts 5-year inflation low, says US economy is booming

In his first State of the Union address of his second term, U.S. President Donald Trump highlighted his administration's achievements in slowing inflation and fostering economic growth. He stated that inflation has been brought to a five-year low while mortgage rates have reached a four-year low, adding that this low-interest environment will help resolve the housing market crisis. Trump also noted that the U.S. has secured around $18 trillion in global investment commitments and over 80 million barrels of Venezuelan oil. He described the U.S. economy as the most dynamic in the world, with the stock market hitting new all-time highs, and said the country is achieving so many victories.