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Donald Trump's biggest economic problem looks strangely familiar

Donald Trump heads into the US midterm elections with an issue similar to his political foe Joe Biden.

BBC Business•

The White House is confronting a familiar dilemma. The economic numbers aren't necessarily bad - but the public mood is.

It's a disconnect that haunted Joe Biden in 2024, when solid headline data failed to convince many voters that the economy was working for them.

Yet the final inflation report ahead of the midterm elections confirms what voters already know: prices remain high.

"When voters say inflation has come down, they mean the price has returned to what it was. Well, of course, it never returns to what it was."