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Trump Calls Inflation ‘Hoax’; Poll Shows 70% Rate Economy Poor

6/27/2026

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Story summary
  • U.S. President Donald Trump called inflation a “hoax” and said he loves it.
  • The Democratic National Committee is holding community events this weekend on affordability, while RNC spokeswoman Delanie Bomar called them “pitiful pep rallies” and said Republicans are fixing the economic mess.
  • AP-NORC poll shows about one-third of adults approve of U.S. President Donald Trump’s economic handling, while roughly seven-in-ten rate the economy as poor.