Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
Democrats slammed Trump for not delivering on a promise to lower grocery prices "immediately" after he took office.
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said amid fears of a trade war with Colombia on Sunday that President Trump “is all about making inflation WORSE for working class Americans, not better.”
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation.
An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022”.
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.
The executive order demanded an immediate pause to some IRA-related federal funding. Funding for which projects? It wasn't clear.
Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the rising cost of groceries.
Quite a few stocks gained momentum in the weeks preceding Donald Trump's second inauguration as U.S. president. It was a different story for most bonds, though. For example, the Vanguard Long-Term Bond ETF (NYSEMKT: BLV) slid almost 8% lower.