Trump Says 'Inflation is Solved.' The Data Show Otherwise. -- WSJ

By Marianne LeVine

President Trump claimed during an interview on Fox & Friends on Tuesday that "inflation is solved." Consumer prices were up 3.7% in September, compared with the same period a year earlier, according to the Labor Department. High energy prices are tightening the squeeze on consumers.

Polls show Republicans have lost their electoral advantage on the economy. In July 2025, six months after Trump took office, more voters saw congressional Republicans as better able than Democrats to handle the economy, by 12 percentage points. But a recent Wall Street Journal poll found that voters see Democrats as being better on the economy, by 3 percentage points. The economy is consistently ranked as the top midterm issue in polling.

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(END) Dow Jones Newswires

November 03, 2026 10:26 ET (15:26 GMT)