Trump Says Inflation Solved as Economic Approval Hits Record Low at Midterm
Summary
President Donald Trump said inflation was “solved” in a Fox & Friends interview on midterm election day. Polls showed low approval of his handling of the economy and cost of living, while annual inflation reached 3.7 percent in September.Key Facts
- In an October CNBC All-America Economic Survey, 34 percent of registered voters approved of Trump’s handling of the economy, down from 38 percent in July.
- In the same survey, 65 percent disapproved of Trump’s handling of the economy.
- An October NBC News Decision Desk Poll found that 27 percent of U.S. adults approved of Trump’s handling of the cost of living.
- The NBC poll found that 44 percent of adults said their financial situation had worsened over the previous year.
- The U.S. Bureau of Labor Statistics reported annual inflation of 3.7 percent in September, up from 3 percent in January 2025.
- Trump predicted Republicans would do better than expected in the midterm elections.
- The article said forecasts pointed to possible Democratic gains in Congress, including potential control of the House and Senate.
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