US Consumer Inflation Hotter than Expected as Midterms Loom
- On Wednesday, the U.S. Department of Labour reported consumer prices rose 3.7 per cent in September, deepening Republican concerns about maintaining control of Congress in the midterm elections on Nov. 3.
- Rising energy costs, driven by the war with Iran, have pushed prices up; President Donald Trump dismissed affordability concerns as a "con job by Democrats," insisting costs would start falling soon.
- Numerous polls show more than 70 per cent of Americans disapprove of Trump's handling of inflation, while his approval ratings dipped to around 30 per cent ahead of the midterms.
- With midterms less than three weeks away, Trump has embarked on what polling analyst Tim Malloy describes as "a last mad dash" to shore up Republican candidates in Alaska, Kansas, Ohio, and Texas.
- Voters like Christalyn Levy, a cashier, report having "nothing left" after rent, while Spencer Kimball of the Emerson College Polling Center warns it is "hard to imagine" relief within three weeks.
27 Articles
27 Articles
États-Unis: Donald Trump empêtré dans une inflation qu'il n'arrive pas à faire baisser
C'est une mauvaise nouvelle de plus pour Donald Trump à 15 jours des élections de mi-mandat : l'inflation continue d'augmenter. Deux ans après son retour à la Maison Blanche et alors qu'il avait fait campagne sur la promesse de faire baisser les prix, il a fait tout le contraire.
US consumer inflation hotter than expected as midterms loom
US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's continued war with Tehran pushed energy costs higher, deepening strains on American households ahead of next month's midterm elections. The uptick underscores voter worries over high costs of living, and comes as President Donald Trump is campaigning in US states to shore up support for his Republican Party as it tries to retain cont…
Donald Trump Faces New Inflation Criticism as White House Cites Job Growth
Donald Trump recently faced criticism from Democrats over rising inflation, while the White House boasted about economic growth. The findings came from the latest CPI report released by the Bureau of Labor Statistics. The report highlighted a surge in consumer prices in September. Democrats point to rising costs while administration highlights employment Democrats recently took […]
Hawaii Tribune-Herald
West Hawaii TodayHigher energy prices lift US inflation before midterm elections
Higher energy prices drove up inflation in the United States in September, a warning shot to President Donald Trump before midterm elections that have centered primarily on affordability concerns. The uptick in consumer prices will also keep the Federal Reserve under pressure to raise interest rates for a second time this year.
As U.S. inflation rate spikes, Republican midterm hopes sink
For nearly a year, U.S. President Donald Trump has been trying to persuade voters not to get riled up over rising prices, but polls suggest voters aren't buying his sales pitch, with respondents giving him low marks on the cost of living and disapproving of how he's handled inflation.
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