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.
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.”
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
For four years, the Environmental Protection Agency made environmental justice one of its biggest priorities, working to improve health conditions in heavily-polluted communities often made up largely of Black,
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 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.
An expected decline in interest rates could be stalled if the prospective tariffs of Donald Trump's second White House administration bleed into markets and shore up inflation, UBS CEO Sergio Ermotti warned Tuesday.
The executive order demanded an immediate pause to some IRA-related federal funding. Funding for which projects? It wasn't clear.
The U.S. economy has successfully achieved a soft landing, with inflation returning to more normal levels while the labor market grows steadily, said Lael Brainard, the director of the White House National Economic Council,
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.
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”.