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Fact-checking Trump’s Board of Peace speechpublished at 14:50 GMT

Tom Edgington
BBC Verify senior journalist

Speaking at the Board of Peace signing ceremony in Davos, Donald Trump repeated his claim about ending ending eight wars.

The US president also made several claims about his economic record, including:

“The US economy is booming with virtually no inflation. It was 1.2% for the last three months and we inherited the worst inflation in the history of our country”

This is incorrect, as official inflation figures show prices rose 2.7% in the 12 months to December 2025. , external

Inflation has come down from 3% in January last year, but it remains above the 2% target set by the Federal Reserve, the US central bank.

Furthermore, Trump did not inherit the “worst” inflation on record, which was 23.7% in 1920.

“We have economic growth now of 5.4%”

Latest official data shows US GDP grew at an annual rate of 4.3%, external in the three months to September.

Trump may be referring to an estimate from the Federal Reserve Bank of Atlanta, one of the Fed’s 12 regional banks.

Their latest modelling suggests 5.4% GDP growth in the three months to December, external. However, this is only a forecast.

“We have secured commitments for over $18 trillion [of] new investment”

Trump has made similar claims before, but there is no publicly available evidence to support it.

A White House website, last updated in November, tracking new investment put the total at $9.6tn (£7.1tn)., external

Greg Auclair, a statistician at the Peterson Institute for International Economics, told BBC Verify the White House tracker “includes pledges that may not materialise”.

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