DeSantis says Trump told him while golfing that inflation wasn’t really the No. 1 issue that got him elected - ‘The number one reason why he got elected, he said, was because of the immigration and the border issue,
Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, beef up the U.S. military to face down a rising China and to remake world trade through tariffs and combative negotiation.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.
Donald Trump’s second term as U.S. President is marked by sweeping proposals, including stricter immigration measures, expansive tariffs, and a renewed focus on traditional energy sources. With over 100 executive orders planned for his first day in office,
Big investors are enjoying a stock market at an all-time high, driven by the tycoon’s victory. However, they are beginning to become suspicious of his costly proposals, which would drive up inflation
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
IRS, Commissioner of Internal Revenue and Trump