US inflation held firm in December amid pressure on Trump over cost of living

The Guardian - World NewsCenter-LeftEN 2 min read 100% complete by Michael SainatoJanuary 13, 2026 at 03:19 PM

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US inflation remained steady at 2.7% in December, according to official data released on Tuesday, exceeding the Federal Reserve's 2% target. The Consumer Price Index (CPI) increase was driven by rising food and housing costs. The report arrives as Donald Trump faces increasing pressure regarding the cost of living, with polls indicating consumers are blaming his administration for affordability issues. Trump has claimed prices are falling and attributed lingering inflation to the previous administration, while also touting his tariff strategy as a solution. He is scheduled to deliver an economic speech in Detroit and has recently announced measures aimed at addressing affordability concerns. Senator Elizabeth Warren criticized Trump's economic policies, arguing they have raised costs for families.

Key Entities & Roles

Key Player Opposition Context

Detroit 30% Harris Poll 30% Massachusetts 30% Samuel Tombs 40% Biden administration 50% Elizabeth Warren 50% Federal Reserve 60% United States ×580% Donald Trump ×490%

Keywords

us inflation 100% cost of living 80% trump administration 80% consumer price index 70% federal reserve 60% food prices 60% economic policy 50% housing costs 50% tariffs 40% interest rates 40%