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,

Many Americans are hoping that a new year and a new presidency will finally mean an end to inflation, but money expert Jaspreet Singh does not believe that this will be the case. Find Out: Here's

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.

“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.

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.

While Trump did not fulfil a promise to impose new tariffs on US trading partners on “day one”, an executive memo ordered departmental reviews of existing trade practices, with a deadline of April 1. He also indicated at a press conference that he could hit Mexico, Canada and China with tariffs on February 1.

The Trump-fueled stock market rally could see a correction sometime in the next six months, according to one strategist who spoke with BI.

The Fed cut its key lending rate by a full percentage point in the last four months of 2024 and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-ter