Polling on Trump’s Inflation Management
Nearly two-thirds of Americans express dissatisfaction with President Trump’s approach to inflation, a key aspect of his campaign. This finding emerges from a recent poll conducted six months into his second term.
A CBS News/YouGov poll released on Sunday revealed that half of U.S. adults feel that the policies of the Trump administration have negatively impacted their financial situation, with 62% attributing rising food costs to the White House’s actions.
Inflation saw an increase of 2.7% in June, attributed to businesses passing the costs from Trump’s tariff hikes onto consumers. In contrast, Trump asserts that inflation issues are behind us, urging Federal Reserve Chairman Jerome Powell to lower interest rates.
The White House highlighted “core inflation,” which excludes food and energy prices, as a positive sign. Core inflation reached 2.9% in June, below the expected 3% and slightly up from 2.8% in the prior month.
In a post on Truth Social, Trump declared, “America is rockin’. Inflation is very low.”
The new polls show that over three-quarters of surveyed Republicans approve of Trump’s handling of inflation, while a significant majority of Democrats (95%) and independents (72%) disapprove.
The White House has yet to respond directly to these findings but has previously showcased Trump’s inflation record in a recent release.
According to a statement from the White House, “Every month since President Trump took office, the central inflation rate has either matched or exceeded expectations.” They argue that the data supports Trump’s efforts to stabilize inflation, countering claims about tariffs increasing prices.
Although the president is advocating for lower interest rates, some economists caution that this could inadvertently lead to increased inflation.
The CBS News/YouGov poll indicates mixed feelings among the public. About 39% believe the administration should focus on maintaining current interest rates to manage inflation, while 34% think interest rates should be reduced. Meanwhile, 27% are uncertain.
This CBS News/YouGov poll surveyed 2,343 adults nationwide from Wednesday to Friday, with a margin of error of 2.5 percentage points.
