US Consumer Spending Stalled in Sep., Inflation in Line
Digest more
1don MSNOpinion
Cannon: Better Inflation Stats Don't Matter to Voters if Everything Still Feels Twice as Expensive
Carl Cannon warned that modest reductions in the inflation rate might not be enough for President Trump and Republicans to credibly claim an economic recovery going into the 2026 midterm elections, Friday on the RCP podcast: CARL CANNON: There's a place I go to get pizza.
A shutdown-delayed federal report released Friday found overall U.S. inflation crept up slightly in September, driven mostly by rising gas and grocery prices as consumer spending cooled.
Trump will go to Pennsylvania on Tuesday to discuss his administration's efforts on rising prices as Americans say they continue to have concerns about the state of the economy.
Holiday spending is hitting new records, but some data shows that people are buying fewer items amid higher prices.