US inflation has increased since Trump took office – why prices are unlikely to come down soon
- Written by Conor O'Kane, Senior Lecturer in Economics, Bournemouth University
The cost of living crisis, which saw inflation in the US peak at a four-decade high of 9.1% in 2022, played a significant role in determining the outcome of last November’s presidential election.
Exit polls across ten of the key battleground states showed 32% of voters considered the economy to be the most important election issue. Among...