Since President Donald Trump has been back in the White House for over a month, naturally much of the economic focus is on his administration's policies. However, every president inherits the
Republicans, who got elected because of economic woes, claim that Democrats talking about inflation now is an “embarrassing display of fake outrage."
National Economic Council Director Kevin Hassett addressed the impact of DOGE dividend checks through cost cuts.
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.
Just 1 in 3 people approve of the job President Trump is doing to curb inflation, a survey released Sunday found. Thirty-two percent of respondents in the poll, released Sunday by Reuters and
Meanwhile, the administration will proceed with tariffs on Mexico and Canada, which economists say will drive up prices for consumers.
Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.2% in January from the previous month, likely in part because of unseasonably cold weather. Still, the drop may raise alarms about whether Americans are growing more cautious amid widespread uncertainty about the economic outlook.
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White House threaten that progress WASHINGTON -- U.S. consumers cut back sharply ...
On the campaign trail, President Donald Trump vowed repeatedly that he’d bring prices down “starting on Day One” if elected. It’s been a month since he took office and he has yet to deliver.