White House press secretary Karoline Leavitt shifted the blame for goods inflation to the Biden administration.
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.
The latest updates on the labor market and consumer prices show President-elect Donald Trump inherits an economy where inflation is poised to return ... should focus not on the Fed but on the next White House’s fiscal and trade policies.
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
If you are trying to figure out whether now is the time to buy bonds, watch the White House more than the Federal Reserve. The benchmark 10-year Treasury yield has been rising toward 5%, Fed interest-rate cuts be damned.
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
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.
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,
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.