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Trump’s Inflation Approval Plummets to 21%, GOP Anxiety Rises

5/1/2026

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Story summary
  • President Donald Trump’s inflation approval rating fell to a historic low, with only 21% approving and 70% disapproving his handling of inflation.
  • The poll said this is Trump’s lowest inflation approval, even below President Joe Biden and former President Jimmy Carter during their peak-inflation periods.
  • Despite inflation at 3.2%, 75% of independents and 45% of Republicans say the country is on the wrong track, raising GOP anxiety before November midterms.