‘True cost of living’ could be Trump’s biggest headache

For most US households, the cost of money is part of the cost of living. If borrowing costs rise again to choke off inflation, the political fallout could rival the cost-of-living backlash that dogged Democrats in the 2024 election.

‘True cost of living’ could be Trump’s biggest headache
For most US households, the cost of money is part of the cost of living. If borrowing costs rise again to choke off inflation, the political fallout could rival the cost-of-living backlash that dogged Democrats in the 2024 election.