NEW YORK, Dec 10 (BBC): President Donald Trump told a campaign-style rally that consumer prices are falling "tremendously" as he sought to allay voter anxiety about the US cost of living.
In a speech at a casino in the battleground state of Pennsylvania, the president told supporters he had "no higher priority than making America affordable again". But while gas and egg prices have fallen, other food is more expensive and Americans remain unhappy about the cost of housing, childcare and healthcare.
Democrats have capitalised on Trump's vulnerability on the economy in recent state and city votes, leaving many Republicans uneasy about next year's midterm elections.
Tuesday's event in a swing district of Pennsylvania was the first of what the White House says will be a series of campaign-like rallies aimed at bringing its economic message to voters.
But at one point in his remarks, the Republican president again portrayed concerns about affordability as a Democratic "hoax". The White House blames Biden and US central bank interest rates for the lingering economic pain.
The Federal Reserve has twice reduced rates to about 3.9per cent, and financial markets expect the Bank to cut them further later on Wednesday. Inflation, however, remains above the Fed's 2per cent target at 3per cent.
In recent weeks, his administration has removed tariffs from dozens of food products and touted its rollback of fuel efficiency standards and Trump-branded retirement accounts for children as cost-of-living fixes.
US cost of living: Trump vows to make affordable again
FE Team | Published: December 10, 2025 22:26:45
US cost of living: Trump vows to make affordable again
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