https://www.live-feeds.com/feed/trump-promised-to-lower-prices-for-americans-here-s-what-the-data-showsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trump-promised-to-lower-prices-for-americans-here-s-what-the-data-showshttps://www.live-feeds.com/feed/trump-promised-to-lower-prices-for-americans-here-s-what-the-data-shows#u120996Wed, 14 Oct 2026 07:41:20 +0000President Donald Trump campaigned in 2024 on promises to lower Americans cost of living, vowing to push gasoline prices below $2 a gallon. Data from the New York Federal Reserve shows that inflation on many everyday items was entirely due to tariffs. The NY Fed found that Trump tariffs added 2.9 points to consumer goods inflation, and that tariffs can keep pushing up goods prices for a year.Why it mattersAmerican consumers continue to face higher costs for gas and groceries despite the promises made during the 2024 campaign. The data from the New York Federal Reserve highlights the direct role