Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for inflation and vowing to unleash American energy production to bring it down
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Gold traded in a relatively narrow range on Thursday as investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for further monetary policy cues. Spot gold was up 0.
Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the rising cost of groceries.
(Scripps News) WASHINGTON — Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans' anger over immigration and inflation ...
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the Fed.
Many Americans say they voted for Donald Trump because he promised to defeat inflation. So it’s no surprise that Trump’s first actions included directives aimed at “emergency price relief ...
Gold prices hit a record high on Friday, set for their best month since March 2024, as investors flocked to the safe-haven metal due to heightened U.S. tariff concerns, while awaiting a key inflation report for further direction.
The rand and oil prices are trading much higher than in December, leading to the under-recovery. South African motorists have already had a tough start to the year, with a 19 cents per litre hike in petrol prices at the beginning of January. This, combined with the incoming hike for February, is likely to put upward pressure on inflation.
Tariffs aside, markets will have preliminary inflation readings from Germany and France to chew on later in the day. The European Central Bank on Thursday left the door open to further rate cuts, citing progress against inflation and worries about a weak euro zone economy.