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Inflation Pressure Affects Trump's Popularity as Support for Iran War Declines
Despite the improvement in the stock market and a decline in inflation, Americans are widely pessimistic about the economy. A CNBC survey showed that 61% of Americans feel pessimistic about the future economic outlook, the highest level since December 2023. Rising prices of goods and services have led to reduced spending, with 47% of Americans cutting back on essential purchases and increasing reliance on credit cards. Support for military operations against Iran has also declined, with 50% now believing that military action is not worth it. Former President Trump's popularity has reached its lowest point, with net approval dropping to 40%, and dissatisfaction with his economic performance is growing. Meanwhile, Democrats' progress remains limited in the congressional elections, with only slight preferences for winning control of the chamber, amidst declining voter confidence in the handling of Iran-related issues and rising economic concerns.
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