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Trump, Inflation
US businesses wary of Trump policy impacts, Fed survey shows
The U.S. economy ended 2024 with a slight to moderate increase in activity and a tick upward in employment, the Federal Reserve said on Wednesday, but businesses flagged a range of concerns about the potential for policies under President-elect Donald Trump to push prices higher.
Inflation report shows upsurge days before Trump takes office
Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office.
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.
Fed officials say latest inflation data helpful as they await Trump policies
By Howard Schneider, Michael S. Derby ANNAPOLIS, Maryland (Reuters) -Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted heightened uncertainty in the coming months as they await a first glimpse of the incoming Trump administration's policies.
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the largest gains in overall prices in months.
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
1h
Trump nominee for Interior backs full-throttle drilling on federal lands
President-elect Donald Trump's pick for secretary of the interior, Doug Burgum, will tell lawmakers during his nomination ...
1h
on MSN
Trump assembles an administration of uber-wealthy Cabinet members and advisers, sparking ethics questions
Wealthy hedge fund executive Scott Bessent – whose confirmation hearing for treasury secretary is slated for Thursday – has ...
The New Yorker
52m
How Much of the Government Can Donald Trump Dismantle?
His war on the “deep state” ties into a long debate about the power of bureaucrats to thwart the President’s agenda.
1d
on MSN
Trump Looms Large Over Stock Markets. Why Chips, Fed Are Just the Beginning and 5 Other Things to Know Today.
Nvidia objects to Biden administration’s curbs on exports, Cleveland-Cliffs still interested in a bid for U.S. steel, and ...
52m
Teacher layoffs, bigger classes: Potential federal education cuts could hit GOP’s base hardest
It’s the sort of place where President-elect Donald Trump’s “America First” message resonated – but also where some of his proposed policies could hit hardest, especially his promise to eliminate the ...
federalnewsnetwork.com
14h
Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says
Donald Trump has promised to bring back Schedule F, which would exclude thousands of federal employees in policymaking ...
18h
Florida law enforcement will have "maximum participation" in any federal immigration programs Trump enacts, DeSantis says
The Florida governor laid out several immigration reform proposals, including making illegal entry into the U.S. a ...
1h
on MSN
Canada Preparing To Fight Back Against Donald Trump
If the president-elect imposes 25 percent tariffs on Canadian goods, Ottawa may cut off energy supplies or impose its own ...
1h
Why Trump Is Returning to Power While Bolsonaro Faces Prison
Since then, however, their political paths have dramatically diverged.
1h
on MSN
What Trump’s promised pardons could look like for North Carolina’s Jan. 6 Capitol rioters
Gregory Charles Peck, Jr., a Connelly Springs man charged in August, is expected to enter a plea on Thursday on a civil ...
2h
Trump faces a powerful check on his power: bond vigilantes
When Bill Clinton began his first term as president in 1993, he faced a challenge to his authority from an unexpected ...
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