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Trump, Inflation
Consumer prices rose 2.9% in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden Administration as he re-takes the White House next week.
Inflation report shows upsurge days before Trump takes office
The fresh data arrives after a jobs report last week showed stronger-than-expected hiring in December, which sent the stock market plummeting and bond yields soaring on fears that the Federal Reserve may delay long-forecasted interest rate cuts.
Trump's Policies Won't Push Up Inflation, Economic Advisor Says
Donald Trump's policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect's longtime economic advisors told AFP Tuesday, less than a week before Trump returns to the White House.
Trump poised to take office with inflation threatening to persist
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation.
3h
on MSN
Stock market’s relief rally after inflation report will hinge on Trump policies, bond yields
Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.
5h
Fed officials say latest inflation data helpful as they await Trump policies
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
6h
US Inflation Rises to 2.9% in December, as Gas and Egg Prices Drive Uptick
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When ...
WXXI
1h
Inflation remains stubbornly high for many Americans. Could it get worse under Trump?
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
2h
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
5h
on MSN
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
9h
on MSN
Inflation speeds up, ends 2024 at 2.9 percent
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The ...
2h
Bitcoin Stays Below $100,000 Ahead of Inflation Data, Trump Inauguration
Bitcoin was rising marginally but remained below $100,000 following a retracement from last month's record high. "Discretion ...
decrypt
2h
Bitcoin Surges Above $100K as Inflation Fears Fade Ahead of Trump’s Inauguration
Bitcoin topped $100,000 on Wednesday, showing renewed strength ahead of President-elect Donald Trump's return to the White ...
6h
on MSN
Democrats urge Trump nominees to keep the IRS's free direct-tax-filing tool, touting it as a DOGE-friendly program
In a letter exclusively shared with BI, Sens. Elizabeth Warren and Chris Coons said the program "meets the DOGE leaders' ...
Wall Street Journal
58m
The Fed Can’t Pin Inflation on Trump
Now that these excuses have grown tired and outdated, leading monetary policymakers have developed a new scapegoat for ...
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