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US inflation has increased since Trump took office – why prices are unlikely to come down soon

By Conor O'Kane, Senior Lecturer in Economics, Bournemouth University

The cost of living crisis, which saw inflation in the US peak at a four-decade high of 9.1% in 2022, played a significant role in determining the outcome of last November’s presidential election.

Exit polls across ten of the key battleground states showed 32% of voters considered the economy to be the most important election issue.…

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