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.
“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.
Trump’s second trade war is shaping up to be much different from his first. His ambitions for a reordering of world commerce are broader, and the opposition is weaker.
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.
9:30 p.m. ET (Saturday, Jan. 25): President Trump said he’d like to see Jordan, Egypt and other Arab nations increase the number of Palestinian refugees they are accepting from the Gaza Strip — potentially moving out enough of the population to "just clean out" the war-torn area to create a virtual clean slate.
His pivot reflects the reality that presidents have almost no levers to reduce inflation quickly without causing collateral damage to other parts of the economy
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.
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 vocal scrutiny from President Donald Trump.
President Trump is reversing his predecessor’s efforts to clean up areas hardest hit by pollution from heavy industry, ports and roadways – communities that are often largely Black, Latino and low-inc
The rupee poses a greater challenge for the Reserve Bank of India than its perennial growth-versus-inflation dilemma. The rupee has fallen by around 3 percent i
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