Poll shows Republican approval of Trump inflation handling at 63 percent

A CBS News/YouGov survey conducted May 13-15 found that 63 percent of Republicans approve of President Trump's handling of inflation, down from 74 percent in March. Overall public approval of his handling of inflation stands at 27 percent, down from 33 percent. 7 percentage points. 8 percent, above the Federal Reserve's 2 percent target.

The survey recorded broad pessimism about the economy. " Eighty-five percent of Republicans said they approve of Trump's overall job performance, compared with 37 percent of the general public. Thirty-five percent of respondents said Democrats have a better approach to the economy, while 31 percent favored Trump and Republicans.

The poll found that economic sentiment has worsened since the start of the war in Iran and the crisis in the Strait of Hormuz. The president told Fox News' Bret Baier last week that the economic effects represent "a little pain" and predicted oil prices would fall once the crisis ends.

Trump said the military action against Iran was necessary to prevent the country from obtaining a nuclear weapon. U.S. involvement in Vietnam.