US inflation has increased since Trump took office – why prices are unlikely to come down soon
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists generally fear deflation even more than inflation. Falling prices lead to deferred spending and can be devastating for economic growth.
The U.S. Bureau of Economic Analysis released its Personal Consumption Expenditure (PCE) Index, a key measure of inflation, ...
Since his first day in office, President Donald Trump has been quick to attack climate initiatives and the green energy ...
A closely watched survey showed a big increase in consumer expectations for inflation, which is unwelcome news for the ...
Key Takeaways President Donald Trump promised to "end inflation" and "immediately bring prices down" during his election ...
Inflation appeared nearly defeated just a few months ago, but price hikes started accelerating again, led in particular by rising egg prices and fuel costs. A nation that has grown weary of inflation ...
Bond yields surged as President Donald Trump entered the Oval Office amid fears his economic agenda would prove inflationary.
Imagine strapping on a virtual-reality headset and entering a metaverse full of digital objects bearing President Trump’s personal brand. That appears to be the latest direction of the Trump family’s ...
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