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When adjusted for inflation, Trump’s average is $3.18 in 2024 dollars, 21% less than Biden’s inflation-adjusted price of $3.86. ... April 2018 and $2.02 two years later in April 2020. Trump ...
Conversely, the average YOY inflation rate during Joe Biden’s presidency has been the third-highest for any president since Eisenhower, at 5.2% compared to Trump’s average YOY of 1.9%.
In 2021, inflation began to climb rapidly, with the CPI hitting year-over-year growth rates not seen in decades. And then, in June 2022, the CPI hit a staggering 9.1% — the highest rate in 40 years.
Inflation measured by the consumer price index for all items rose from 1.3% in 2016 to 2.1% in 2017 and 2.5% year-to-date (YTD) June 2018. This was mainly driven by higher energy prices. Core inflation, which excludes volatile food and energy prices, was relatively flat, at 2.2% in 2016, 1.8% in 2017, and 2.1% YTD June 2018. [263]
Even deporting 1.3 million workers, which is lower than the 10 to 20 million deportations Trump has advocated for, would be an “inflation shock” that lifts inflation by 1.3 percentage points ...
Donald Trump's agenda includes a range of policies that could create new inflation pressures in the years ahead. The emerging debate among economists is exactly what those price effects would be.
Trump’s plan for tariffs, tax cuts, reduced regulation, and a crackdown on immigration could lead to inflation rising by 2.7% by the end of 2025, JPMorgan hedged, with the Fed funds rate rising ...
Under a Trump presidency, peak inflation would be 0.6 percentage points higher than the current 3.3%, according to Oxford Economics’ analysis. That means inflation would reach 3.8%.