Republican Party3. Inflation and prices
End inflation and make America affordable
“END INFLATION, AND MAKE AMERICA AFFORDABLE AGAIN”
- Promised
- In plan
- Legislated
- Funded
- Delivering
- Delivered
Where it stands
The consumer price index for all urban consumers (CPI-U) rose 3.7% in the 12 months to September 2026 (BLS, 14 October 2026), against 3.0% in the 12 months to January 2025. The words set no figure; the Federal Reserve's longer-run goal is inflation of 2% a year, measured by a different index (PCE).
What has happened
- Promised. Delegates at the Republican National Convention adopt the 2024 platform, which opens with twenty promises
- In plan. A presidential memorandum directs all executive departments and agencies to deliver emergency price relief, including on housing, health care, food and fuel, and to report every 30 days evidence
- In plan. Executive Order 14360 removes certain agricultural products from the reciprocal tariffs, from 13 November 2025 evidence
- In plan. Executive Order 14394 directs agencies to revise wetland, stormwater, permitting and energy-code rules to lower the cost of building homes evidence
- In plan. Proclamation 11059 raises the 2026 tariff-rate quota for imported beef by 300,000 metric tons evidence
- In plan. Executive Order 14435 directs the Treasury to defer certain federal excise taxes on diesel fuel due from 5 October to 31 December 2026 evidence
More detail
Sources (2)
Checks
- Approved by Pavel Guzhikov, editor, on 20 October 2026
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