Story perspectives

Inflation Eases to 2.4%, But Public Sentiment Worsens

10/26/2025

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Summary

Story summary

Inflation surged from mid-2021 due to the pandemic, supply chain issues, and the Russian invasion of Ukraine, peaking at 9% in June 2022.
By October 2024, inflation had fallen to 2.4%, though public sentiment remained negative.
Many believe inflation contributed to U.S. President Donald Trump’s reelection.
Economists warn tariffs implemented by Trump are worsening issues, with inflation at 3% in September 2025, while the Federal Reserve stays cautious.

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Story summary

Inflation surged from mid-2021 due to the pandemic, supply chain issues, and the Russian invasion of Ukraine, peaking at 9% in June 2022.
By October 2024, inflation had fallen to 2.4%, though public sentiment remained negative.
Many believe inflation contributed to U.S. President Donald Trump’s reelection.
Economists warn tariffs implemented by Trump are worsening issues, with inflation at 3% in September 2025, while the Federal Reserve stays cautious.