DEVELOPING: Trump Denies Affordability Crisis, Claims Economic Boom Amid Midterm Tensions

Breaking News: Trump Denies Affordability Crisis, Claims Economic Boom Amid Midterm Tensions President Donald Trump has denied the existence of an affordability crisis in the US, despite rising prices and decreased consumer spending on big-ticket items. Speaking at a rally in Pennsylvania, Trump claimed the economy is experiencing a boom ahead of the midterm elections. According to the Bureau of Labor Statistics, prices rose 3% in the 12 months ending in September. Trump's comments come as voters are increasingly concerned about the cost of living and economic stability. The economic promises made by Trump during his presidential campaign were a key factor in his election victory. However, experts say it may be challenging for Trump to convince voters that the economy is sound when prices are rising. Betsey Stevenson, a professor of economics at the University of Michigan, has expressed skepticism about Trump's claims. "My personal takeaway from the experience we had in 2024 was that you can't tell people that prices aren't up when they're up," she said. The impact of Trump's comments on the midterm elections remains to be seen. The outcome of the elections will be closely watched for signs of voter sentiment on the economy and affordability. This is a developing story. We will provide updates as more information becomes available.