Trump Predicts Better-Than-Expected Midterm Results
The president spoke in a Tuesday morning interview as inflation runs at 3.7% annually, up from 3% when his second term began.
Updated on Nov. 3, 2026 in Inflation
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President Donald Trump said Republicans would see midterm results better than expected in a Tuesday morning interview on Fox and Friends. Inflation is currently running at 3.7% annually, compared with 3% when his second term started.
Why it matters
Rising inflation has pushed up the cost of groceries, gas, and healthcare, making prices a central concern for voters heading into the midterms. Trump did not address these price concerns in the interview, focusing instead on immigration enforcement and manufacturing.
Annual inflation is running at 3.7%, up from 3% at the start of Trump's second term. The extraction does not identify the specific index or release month behind the 3.7% figure, nor the forecast for coming months.
The players
Donald Trump
Donald Trump is the current President of the United States, serving his second term after winning the 2024 election.
The details
In a Tuesday morning interview on Fox and Friends, Trump touted immigration enforcement and said U.S. manufacturing was expanding. He also predicted that midterm results would be better than expected for Republicans, while not acknowledging the price pressures on groceries, gas, and healthcare.
Timeline
Tuesday, November 3, 2026: Trump gave the Fox and Friends interview on the day of the midterm elections.
Macro View
Inflation has climbed from 3% at the start of Trump's second term to 3.7%, marking a rise measured against that specific starting point. Whether this reverses or continues will shape how the midterm economic argument unfolds.
Rising inflation means households are paying more for groceries, gas, and healthcare than when the second term began. Family budgets feel this directly even as the president focuses on other topics.
The takeaway
Watch how inflation trends and whether prices become a bigger factor in voter decisions as the midterm results come in.
Further reading
For broader context on price trends, see the Inflation coverage section.
Source note: This article includes information reported by News 13.
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