Donald Trump's biggest economic problem looks strangely familiar

Image source, Getty Images

Image caption, US President Donald Trump and his predecessor Joe Biden

By Michelle Fleury

New York business correspondent

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.

Now, Donald Trump faces a version of the same challenge.

During the 2024 campaign, Trump promised voters swift relief from rising prices.

"When I win, I will immediately bring prices down," he said.

Delivering on that promise has proved harder than expected.

Economic growth is holding up, unemployment remains low and the stock market is near record highs.

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

The causes are different.…