Americans expect inflation to be far higher than it really is, polling shows

By Paul Whiteley, Professor, Department of Government, University of Essex

American voters often rank inflation as the most important issue facing the US. But something odd has happened to inflationary expectations since Donald Trump became president in January. Americans believe inflation is much higher than it is, and are bracing themselves for further increases.

The difference between real inflation and what the public think it is has diverged by a significant amount – much more so than under former president Joe Biden.

In December…

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