Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.

American consumers are once again worried about inflation, the issue that may have cost former President Joe Biden the 2024 election, as President Donald Trump ’s administration advances its economic agenda, according to the latest consumer sentiment reading from the University of Michigan.

Despite Trump’s flurry of executive orders, none touched on inflation or consumer costs. Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation,