Analysis: Trump Says "Inflation Is Solved," but the Data Says Otherwise

U.S. President Trump claimed in an interview on "Fox & Friends" that "inflation has been solved." However, according to data from the U.S. Department of Labor, consumer prices in September rose 3.7% year-over-year. Persistently high energy prices are further weighing on consumers.

Polling shows that Republicans have lost their electoral advantage on economic issues. In July 2025, six months into Trump's term, the share of voters who believed congressional Republicans were better than Democrats at handling the economy was 12 percentage points higher. But a recent Wall Street Journal poll found that the share of voters who now believe Democrats are doing a better job on the economy is 3 percentage points higher instead. Across various polls, the economy has consistently been regarded as the most central issue in the midterm elections. (Wall Street Journal)