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How did Democrats avoid a midterms backlash over inflation?

Wednesday, November 16 by ABC News

(NEW YORK) -- A red wave in the midterm elections propelled by discontent over sky-high inflation was expected to deliver a historic defeat for Democrats -- until it didn't. Typically the party in control of the White House suffers significant losses in the midterm elections.... Read More.

Tips for Thanksgiving 2022 amid inflation, rising food costs and ways to save

Friday, November 11 by ABC News

(NEW YORK) -- Financial challenges could cast a shadow on the first holiday feast of the season, but there are some solutions for Americans looking to enjoy Thanksgiving on a budget. Inflation is currently at 7.7% and prices on goods have continually crept upward in... Read More.

Inflation cools but stays near 40-year high

Thursday, November 10 by ABC News

(WASHINGTON) -- Consumer prices are up 7.7% over the year ending in October, but that's a significant drop from the 8.2% inflation rate a month prior and below 8% for the first time since February. On a monthly basis, the consumer price index increased at... Read More.

Exit polls: Inflation, abortion rights drive voters to polls

Wednesday, November 9 by ABC News

(NEW YORK) -- Voters headed to the polls Tuesday for the midterm elections that will determine which party holds the Senate and House of Representatives and could significantly impact President Joe Biden's agenda for the final two years of his first term in the... Read More.

Inflation has helped decide elections worldwide. Here’s what that means for the midterms.

Tuesday, November 8 by ABC News

(NEW YORK) -- As the midterm elections begin, sky-high prices for essentials like food and gasoline have become a major line of criticism leveled at Democrats, who control the White House and Congress. In fact, the issue may be enough to drive the incumbent party... Read More.

Fed expected to impose another major rate hike, intensifying inflation fight

Wednesday, November 2 by ABC News

(WASHINGTON) -- Economists expect another jumbo-sized increase in borrowing costs when the Federal Reserve announces its interest rate decision on Wednesday. Mounting evidence suggests that previous rate hikes have slowed key areas of the economy but inflation remains highly elevated. The move would mark the... Read More.

Economy and inflation top public’s agenda going into midterm elections: POLL

Sunday, October 30 by ABC News

(WASHINGTON) -- About half of Americans say either the economy or inflation is the most important issue in their vote for Congress, making pocketbook issues by far the most dominant in the run up to the midterm elections, according to a new ABC News/Ipsos... Read More.

What voters in four swing states say about inflation, abortion and extremism

Friday, October 28 by ABC News

(WASHINGTON) -- As the final days tick down to Election Day, voters from Arizona, Florida, Ohio and Pennsylvania recently spoke about their concerns. High gas prices: Biden's solution? Florida resident Justin Vega said that he had to sell his car because he can't keep up with... Read More.

Voters prefer Republicans on the economy; economists assess their plans to fix inflation

Wednesday, October 26 by ABC News

(NEW YORK) -- As the midterm elections approach, sky-high prices for essentials like gas and groceries continue to weigh on U.S. consumers. The price of eggs stands about 30% higher than it did a year ago, while the cost at the pump has spiked... Read More.

High inflation pushes half of American workers to consider second jobs

Wednesday, October 26 by ABC News

(NEW YORK) -- More than half of Americans are considering taking on extra jobs to be able to pay for everyday expenses and meet the rising cost of living as inflation remains high. Employees in the U.S. are combating the soaring prices of essentials like... Read More.

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