Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Trump has promised to cut regulations, impose sweeping tariffs, overhaul energy policy and lower interest rates. But not all of those measures will bring down inflation.
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
President Trump at a rally in Las Vegas on Saturday promoted his "No Tax On Tips" proposal and talked about how the current tax system punishes workers in the food and beverage industry. "When I think of Biden,
Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year.
The memo signified Trump’s effort to swiftly address a historic post-pandemic spike in consumer prices. Inflation is a chief reason Americans said they disapproved of former President Joe Biden and voted for Trump over former Vice President Kamala Harris.
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and
Global inflation hasn’t yet died and advanced economies outside China can’t be complacent at a time of fickle consumers and trade tensions, according to the last Davos panel of 2025.
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.
Professional and everyday investors have rallied around a plethora of catalysts, including the rise of artificial intelligence (AI), the resiliency of the U.S. economy, a decline in the prevailing rate of inflation, and excitement surrounding stock splits.
“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.
CHARLESTON — West Virginia officials are in contact with the administration of President Donald Trump after an executive order issued by the president earlier this week put payments from the bipartisan infrastructure bill and the Inflation Reduction Act on pause.