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Trump and Harris' views on inflation, according to their records and what they've said

Trump and Harris' views on inflation, according to their records and what they've said

CBSN
Wednesday, September 18, 2024 05:16:58 PM UTC

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a major factor in their choice for president — and they want to know how nominees Donald Trump and Kamala Harris would address it.

Inflation — the rate of an increase in the price of goods and services over time — has hollowed out many voters' wallets and made it tougher for Americans to save. According to the Federal Reserve, inflation averaged 1.9% a year from 2017 to 2021 when Trump was president. 

Though inflation recently cooled to a three-year low of 2.5%, it's on track to average 5% a year during the Biden administration. 

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