Fact-check · Nov 10, 2026 · Pete Hegseth
“They're tired of rising prices”
MOSTLY TRUE
What the record shows
2.9% — Inflation (CPI) in 2024 (Biden), per BLS CPI-U.
Inflation peaked in 2022 but remains a voter concern; current rate is moderate but cumulative price increases since 2020 are substantial.
This figure differs by region.
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