U.S. President Donald Trump highlighted a series of economic improvements during a briefing with journalists in the Oval Office on Monday, declaring that interest rates are “coming down.” He emphasized that energy prices, food costs, and borrowing rates have all declined to levels “that nobody ever thought possible.”

“Energy is down. Interest rates are down. Food is down. Everything is down,” Trump stated, framing these drops as clear indicators of his administration's effective economic policies. He portrayed the overall situation as unprecedented in modern times and underscored the role of policy in stabilizing the market.

Trump added that his administration is doing “amazing,” pointing to these economic markers as proof of successful governance. He noted that the drop in interest rates will have a direct positive effect on the federal budget. “The budget is going to look way better because interest costs are way down,” he explained.

The president's remarks come amid broader discussions on economic resilience, inflation trends, and federal spending. Lower interest rates reduce the government’s debt servicing costs, potentially improving fiscal stability and allowing for more discretionary spending or deficit reduction.

As the administration continues to emphasize economic strength, Trump’s statements reflect an effort to position declining costs and interest rates as central victories of his leadership. The comments also signal optimism about the near-term financial outlook as markets adjust to a lower-cost environment.