Trump said inflation last month was much worse than expected, twice as high as expected, with most of the increase coming from higher food prices, higher rents and housing costs, and higher car prices. Interest rates are also a big factor. They are very high. In fact, the Federal Reserve cut rates a little too fast. The drop was so big that everyone knew it was a political maneuver. Under Biden and Harris, the economy was a complete mess because of inflation. But Harris said she couldn't have imagined she would have made any different decisions.