– Likely voters are focused on inflation and price increases, illegal immigration and the economy as incumbent President Joe Biden and former President Donald Trump prepared for a rematch of 2020 in November.
Inflation peaked at 9.1% in June 2022 and over the past 12 months, the all items index increased 3.2% before seasonal adjustment. The inflation rate remains above the Fed’s 2% target. Price increases and inflation have squeezed American budgets. And while the wealthy may have more cushion when it comes to inflation, that doesn’t mean they like it. Illegal immigration has gotten more attention as border states such as Arizona and Texas have sent busloads of migrants to cities around the country.
“When we’re in an election like this where both candidates are highly well-known, Americans have the experience of being governed by both men, you’re in a situation where the issue matrix really matters,” Byler said. “The issues have shifted from ones that favored Biden in 2020 to ones that Trump tends to perform best on, like the economy and like immigration.”
Source: Financial Digest (financialdigest.net)
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