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GOBankingRates

Kerra Bolton

Inflation & Politics: What’s President Trump’s Actual Effect on Inflation?

Donald Trump Inflation Steve Azoury Wayne Winegarden GOBankingRates the Federal Reserve

FRANCIS CHUNG / POOL / EPA

Inflation remains one of the most pressing economic concerns for Americans because it affects the cost of living, including everything from gas to groceries. With the annual inflation rate in the U.S. climbing back up to 3% in September 2025, many wonder whether or not inflation can be avoided, and just how much influence does President Trump really have?

Check Out: 8 Smart Ways Frugal People Are Living Like There’s Already a Recession

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