Trump downplays inflation at Montana rally despite supporters facing high costs
KALISPELL, Mont. — On a day when the U.S. inflation rate was shown to have climbed 3.7% over the past year, President Donald Trump said at a rally in Montana on Wednesday, “We have very little inflation.”

President Donald Trump told an arena crowd in Montana on Wednesday that the nation faces very little inflation, delivering an upbeat appraisal of the economy even as official figures showed consumer prices climbed 3.7 percent over the past year.
Speaking at the Majestic Valley Arena in Kalispell on the concluding stop of a Western campaign tour ahead of the midterm elections, Trump insisted that Americans are thriving rather than struggling. He told attendees that poverty rates have fallen, household earnings have risen, and investment exceeding $22 trillion has triggered widespread industrial construction across Montana and the rest of the nation. He also pointed to equity market performance benefiting retirement accounts and defended his foreign trade tariffs as major revenue generators.
Trump's depiction of national prosperity stands in contrast to the daily experiences shared by several attendees outside the rally venue. Supporters described mounting financial stress stemming from the rising cost of groceries, housing, and fuel. One attendee, 84-year-old Missoula resident Moneen Ahlquist, said she limits her driving by clustering errands together and shops at supermarkets offering fuel discounts. Another voter, dairy worker Megan Gurhlke, remarked that her household struggles to make ends meet despite three adults working full-time jobs.
Frustration over pump prices was a common refrain among the crowd. Jennifer Piperakis, who attended the rally, noted that filling her diesel vehicle now costs $200. While addressing fuel expenses during his remarks, Trump forecast that prices at the pump would decline following the conclusion of the war in Iran.
Despite the financial strain, many rallygoers did not hold Trump responsible for their economic difficulties, according to NBC News. Some supporters pointed to the previous administration under Joe Biden, while others expressed a willingness to wait for the current administration's economic measures to produce visible results. Gary Hanson, a Kalispell hardware store owner, acknowledged worsening prices but said reversing the trend would naturally take time.
The economic anxieties voiced by voters come at a sensitive time for the Republican Party. With the midterm elections just three weeks away, polling indicates widespread discontent regarding living costs could jeopardize the narrow Republican majority in Congress. Nonetheless, Trump reiterated his stance that current economic conditions remain robust, telling the crowd that the country holds more employment opportunities and collective wealth than ever before.
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DevelopingReported from NBC News Politics.
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