How Biden and Trump Boosted Inflation — What Will Happen to Your Money Under Trump This Time?

Inflation tends to be a primary concern of American voters and consumers, as inflation rates can make are what cause prices on retail items, vehicles, groceries, gas and more to rise or fall. As Investopedia notes, "a president's actions can play a role in influencing inflation," though due to the innate complexities of the American economic system as well as inflation itself, "the relationship between policies and prices is not always straightforward."

December 7, 2024 · 1 min · 101 words · Ryan Rowe

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DONALD TRUMP speaks to supporters at Cobb Energy Performing Arts Center north of Atlanta on first day of early voting in this swing state.

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What Was Inflation Like During Trumps First Term?

The average year-over-year (YOY) inflation rate during President-elect Trumps first administration was a fairly low 1.9%.

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What Was Inflation Like During Trumps First Term?#

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What Was Inflation Like During Trumps First Term?

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