Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.
Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said amid fears of a trade war with Colombia on Sunday that President Trump is making inflation worse in the U.S. “To ‘punish’ Colombia, Trump is
The White House Office of Management and Budget (OMB) issued new guidance Wednesday clarifying limits to the disbursement of Inflation Reduction Act (IRA) funds ordered by President Trump on
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 White House i s pausing federal grants and loans starting on Tuesday as President Donald Trump’s administration begins an across-the-board ideological review of its spending. Here's the
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,
Fearing Trump will wreck the economy? See why history shows the stock market thrives regardless of who’s in the White House.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.