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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
43m
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 ...
1h
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 ...
federalnewsnetwork.com
13h
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 ...
44m
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 ...
42m
Why Trump Is Returning to Power While Bolsonaro Faces Prison
Since then, however, their political paths have dramatically diverged.
1h
No experience? No problem. Trump’s Cabinet raises concerns about government dysfunction.
Many of Trump's picks for top jobs in his next administration have not worked at the highest levels of government or in the private sector.
17h
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 ...
2d
on MSN
Federal judge clears way for release of special counsel report on Trump election case
Special Counsel Jack Smith's report on his investigation into President-elect Trump for election interference is cleared to ...
Government Executive
1d
Trump’s proposed cuts to the federal workforce could increase dependency on contractors, experts say
Conversely, Trump’s advisory Department of Government Efficiency plans to push for decreasing spending on federal contracts.
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