Story perspectives
Inflation Hits Four-Year High, Threatening Trump's Midterm Prospects
4/11/2026
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Story summary
- Inflation has reached a four-year high amid the war with Iran.
- Americans are increasingly pessimistic about the U.S. economy.
- The downturn poses political risks for U.S. President Donald Trump and the Republican Party ahead of the midterm elections.
- White House Chief of Staff Susie Wiles has urged the administration to focus more on affordability issues.
- The White House plans to enhance its messaging on economic issues as elections approach.
