Trump and Harris both have proposed policies that would be inflationary. On the latest episode of Capitol Gains, Yahoo Finance's Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman discuss whether or not that actually matters in the scheme of the larger economy.

Inflation is going down, which Werschkul says could give Trump and Harris, "the freedom to enact some of these policies." He notes that Trump, "did have four years where he raised tariffs like crazy and we didn't have massive inflation." However, proposed policies by both Trump and Harris could still contribute to the national debt.

Newman points out that overall inflation is currently at 2.9%, and incomes are now rising faster than food prices. "Consumers are gaining lost ground."

Listen to the full episode of Capitol Gains here.

For more expert insight and the latest market action, click here to watch more Capitol Gains.

This post was written by Meredith Lawrence.