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.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
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.
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.
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.
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.
“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.
Feeling burned by the holdover of Obama administration appointees during his first go-around, Trump swiftly exiled Biden holdovers and moved to test new hires for their fealty to his agenda.
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.
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.
Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it's unclear whether his orders will be ...
P resident Donald Trump’s new post on Truth Social threatening new economic sanctions on Russia shows that Putin has finally met his match. It now looks as if Donald Trump may not be bullied by Putin’s empty holster of threats, bluster, and bluffs.