EconomyPolitics
‘We don’t have inflation’? Five charts show the US economic reality of Trump’s second term so far
Publication: Economics | The Guardian
Author: Lauren Aratani in New York
Source published: 26/10/2026, 11:00:42 UTC
Briefing created: 26/10/2026, 11:06:38 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 26/10/2026, 11:05:25 UTC.
Briefings
This briefing analyzes five charts examining the US economy under Donald Trump's second term, focusing on the economic reality ahead of the 2026 midterm elections. The analysis highlights the tension between Trump's 2024 campaign promises to lower inflation and the actual economic conditions observed in the first half of his term. Key data points include specific inflation rates, employment figures, and GDP trends from the period leading up to the election, providing a snapshot of the economic landscape as voters weigh policy against performance.
Key points
- Five charts illustrate the US economy under Trump's second term, highlighting the gap between 2024 campaign promises and observed economic conditions.
- Inflation rates and employment figures from the period before the 2026 midterm elections show mixed results regarding the administration's economic goals.
Context
The analysis examines the US economy under Donald Trump's second term, focusing on the economic reality ahead of the 2026 midterm elections. The briefing addresses the tension between Trump's 2024 campaign promises to lower inflation and the actual economic conditions observed in the first half of his term.
Limitations
Evidence is limited to five charts covering the period before the 2026 midterm elections. Data sources are unverified, and specific inflation rates and employment figures are not fully detailed in the provided text.
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