The Newshound

Trump boasts of the 'single-greatest moment' for the US economy days before the midterms while voters are crushed by living costs

From the Newshound archive · first published 26 October 2026.

Trump boasts of the 'single-greatest moment' for the US economy days before the midterms while voters are crushed by living costs

One analysis puts the Iran war's cost to the average American household at an extra $3,073 a year in fuel, food and interest rates. Polls show voters plan to punish Republicans at the November 3 midterms over broken promises on prices. Inflation had fallen to 2.4pc in February. Brent crude has since hit a five-month high of $114 a barrel.

Oil has surged by close to 60 per cent since the war with Iran began.

US growth is outpacing every other G7 economy, and unemployment remains low.

MoreThe TelegraphTrump says the economy is better than ever. But voters are being crushed by the cost of livingIrish TimesAs Donald Trump weighs up options, could inflation be about to get worse?Irish IndependentDonald Trump says the US economy is better than ever but voters feel they are being crushed
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