Understand what Trump’s claim about solving inflation means for your finances and how it could impact everyday costs and economic stability.

President Donald Trump is planning to use his appearance at the McDonald's summit on Monday to address the issue of affordability, officials said. "The Biden administration started the affordability crisis, but President Trump will end it so all Americans can achieve economic prosperity," the White House said in a post on social media.

President Donald Trump’s problems with fixing the high cost of living might be giving voters a feeling of déjà vu.

Trump claimed Friday: “We have almost no inflation. We’re down now to 2%.” He said at the same event: “Inflation is almost nonexistent.” Those claims are slightly more accurate than Trump’s late-October claims that “we don’t have any inflation” and that “we’re down to 2%, even less than 2%.” But the new claims are still wrong.

Newsweek looked how the price of beef, coffee, eggs and other products has changed between January and September this year.

Feeling the heat from Americans worried about inflation, U.S. President Donald Trump told owners, operators and suppliers of fast-food chain McDonald's on Monday that his administration was making progress in combating inflation,

There is a bifurcation in the American economy between higher- and lower-income consumers. The latter are being left behind.

Forget the CPI basket of consumer goods. President Donald Trump points to Walmart’s Thanksgiving basket as proof he’s bringing prices down. It all started when Walmart CEO John Furner told ABC that Walmart’s Thanksgiving basket would be $14 cheaper this year than last, a 25% reduction in price (1).

President Donald Trump's approval rating fell to 38%, with Americans unhappy about his handling of the high cost of living and the investigation into Jeffrey Epstein, a Reuters/Ipsos poll found.

It’s not just formerly loyal Trump voters turning against the US President – Republican lawmakers, many of whom are staunch MAGA supporters and Trump’s fiercest defenders, have also soured. Marjorie Taylor Greene, Nancy Mace and Ted Cruz are three Republicans who have taken a stance against the leader.