{"id":3707,"date":"2026-10-20T22:43:43","date_gmt":"2026-10-21T02:43:43","guid":{"rendered":"https:\/\/vr-news.net\/?p=3707"},"modified":"2026-10-20T22:43:43","modified_gmt":"2026-10-21T02:43:43","slug":"prices-surge-as-trump-fails-to-deliver-relief-for-working-families","status":"publish","type":"post","link":"https:\/\/vr-news.net\/?p=3707","title":{"rendered":"Prices Surge as Trump Fails to Deliver Relief for Working Families"},"content":{"rendered":"
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Today\u2019s Consumer Price Index (CPI) report shows prices rose 0.6% in September and are up 3.7% over the past year, the fastest pace since May. Gasoline prices jumped 9.1% in September alone, accounting for over half of the monthly increase in overall prices, and are up 34% from a year ago. Core CPI, excluding food and energy, rose 0.33% in September, the largest monthly increase since April.<\/p>\n

Americans are increasingly frustrated with Trump’s failure to bring down high prices. Consumers’ views of current economic conditions are at an all-time low<\/a>, and 82%<\/a> of Americans disapprove of Trump’s handling of the cost of living. Instead of working to rein in inflation, Trump is trying to pull a fast one on voters, spewing empty promises to bring prices down and send Americans a $5,000 \u201cTrump dividend\u201d<\/a> if Republicans hold Congress, despite having never delivered on the DOGE and tariff checks he promised last year.<\/p>\n

Today’s inflation report is the last before the Federal Reserve’s October 28 interest rate decision. The Fed raised interest rates<\/a> last month for the first time in three years because of inflation concerns, and most officials anticipate another increase<\/a> by the end of the year. In its latest meeting minutes, the Fed pointed to Trump’s tariffs and higher energy costs, as well as the president\u2019s never-ending war with Iran, as drivers of persistent inflation. Trump\u2019s war and tariffs are raising the prices of nearly everything families buy, and now his actions are raising borrowing costs for families, too.<\/p>\n

Groundwork\u2019s Senior Vice President of Policy, Advocacy, and Research Alex Jacquez<\/a>, released the following statement:<\/strong><\/p>\n

\u201cIt\u2019s no wonder Americans have lost faith in Trump\u2019s economy. The president has repeatedly made promises he can\u2019t keep, and despite the band-aid attempts from the White House, there is a gaping hole in our economy just weeks from the midterms. Between the president\u2019s war in Iran and reckless tariffs, his economy is on life support.\u201d<\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Today\u2019s Consumer Price Index (CPI) report shows prices rose 0.6% in September and are up 3.7% over the past year, the fastest pace since May. Gasoline prices jumped 9.1% in September alone, accounting for over half of the monthly increase in overall prices, and are up 34% from a year ago. Core CPI, excluding food […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"registered_only","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[742],"class_list":["post-3707","post","type-post","status-publish","format-standard","hentry","category-ciencia-y-tecnologia","tag-vr-news-net"],"_links":{"self":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/3707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3707"}],"version-history":[{"count":0,"href":"https:\/\/vr-news.net\/index.php?rest_route=\/wp\/v2\/posts\/3707\/revisions"}],"wp:attachment":[{"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vr-news.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}