Latest in The Trump economy: inflation versus isolationism
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Trump says the Fed "has failed" to stop inflation
After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly ...CBS News - 22h -
Trump accuses Fed, Powell of creating inflation on heels of rate decision
Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say on the Fed's rate decisions.CNBC - 1d -
Fed holds rates steady as Trump tariffs loom, economy hums
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, suggesting inflation may still have some life in it. Central bankers held rates ...The Hill - 1d -
Beshear: Trump addressing ‘everything but inflation and prices’
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on Trump's ...The Hill - 2d -
Trump will not be ‘meteor’ blow to Irish economy, says employers’ group
Businesses should avoid panic amid fears US will attempt to repatriate jobs and taxes, says Danny McCoy. Business live – latest updates Donald Trump will not be a knockout “meteor” to ...The Guardian - 2d -
The Trump economy: inflation versus isolationism
Economists warn the wallets of the US working class could be hit by the new administration’s prioritiesFinancial Times - 2d -
Ocasio-Cortez: 'Trump is all about making inflation WORSE'
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said amid fears of a trade war with Colombia on Sunday that President Trump “is all about making inflation WORSE for working class Americans, not better.” “To ...The Hill - 3d -
Inflation Isn’t Trump’s Primary Concern. Here’s What That Means for Consumer Prices
Despite Trump’s flurry of executive orders, none touched on inflation or consumer costs.Inc. - 4d -
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.The New York Times - 6d -
India’s restaurants versus Swiggy and Zomato
Also in this newsletter, Hindustan Unilever readies for Gen Z customers and the 76th Republic Day paradeFinancial Times - 6d -
'The older guys versus the younger guys' - what makes Djokovic-Murray tick
Novak Djokovic, with the help of Andy Murray, is two wins away from an 11th Australian Open title. BBC Sport analyses their intriguing player-coach partnership.BBC News - Jan. 23 -
China Will Be Thrilled if Trump Kills America’s Green Economy
President Trump seems poised to roll back the very incentives that are reviving American manufacturing.The New York Times - Jan. 23 -
Dimon defends Trump tariffs: 'National security trumps a little bit more inflation'
JP Morgan Chase CEO Jamie Dimon on Wednesday weighed in on President Trump’s proposed tariffs on Canada, Mexico and China among other nations, saying national security benefits would outweigh any ...The Hill - Jan. 22 -
Trump begins slew of executive actions on immigration, economy, other programs
President Trump, starting his second term, began a slew of executive actions by rescinding 78 Biden-era executive orders, executive actions, and presidential memoranda.ABC News - Jan. 21 -
How Trump Could Move Markets and Reshape the Economy
Trump has vowed to cut taxes and implement tariffs, among other initiatives that will affect the economy.Inc. - Jan. 21 -
People are getting Trump and inflation wrong
Sloppy and wishful thinking has taken over the USFinancial Times - Jan. 21 -
Factchecking Trump’s inauguration speech, from inflation to healthcare
Following up on key claims made by 47th US president during his day one address. Donald Trump inauguration – live updates Donald Trump repeatedly made false and misleading claims during his ...The Guardian - Jan. 20 -
The gig economy: ticket inflation is getting worse, so where does all the money go?
Taylor Swift’s Eras tour and the Gallaghers’ ill-fated dabble with dynamic pricing have put the spotlight on how much we’re willing to pay for live music. But, on the other side of the equation, ...The Guardian - Jan. 20 -
The economy starts the year in solid shape. Now it's in Trump's hands.
Trump inherits a solid economy as the stunning rebound from the Covid pandemic wasn’t enough to keep a Democrat in the White House.NBC News - Jan. 20 -
Trump versus the bond market: president-elect’s campaign rhetoric puts investors on edge
Some analysts fear ballooning federal debt and a bullish stock market means ‘something will surely snap’. Donald Trump’s return to the White House on Monday has the world economy on tenterhooks. ...The Guardian - Jan. 19 -
Prince Harry versus newspapers: This is the one that matters
Prince Harry’s legal battle against British tabloids for allegedly unlawfully intruding into his life reaches its most important moment on Tuesday.BBC News - Jan. 19 -
Has Trump promised too much on US economy?
He won the election partly to fix inflation but Trump may find his pledges on prices and tariffs conflict, say experts.BBC News - Jan. 18 -
Why the climate and sustainability economy will thrive in a Trump presidency
To maintain his electoral mandate, incoming President Trump will have to deliver the economic goods — but he will not be able to achieve any of these political objectives without continued ...The Hill - Jan. 17 -
Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns
Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautionsFinancial Times - Jan. 17 -
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.NBC News - Jan. 16 -
Trump's picks are grilled on climate, tariffs and inflation in third day of hearings
The Senate Judiciary Committee will hold Day 2 of the confirmation hearing for Pam Bondi's expected nomination for attorney general.NBC News - Jan. 16 -
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from 1980 to 2023.MarketWatch - Jan. 16 -
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 ...CBS News - Jan. 15 -
Inflation report shows upsurge days before Trump takes office
Prices rose 2.9% in December compared to a year ago.ABC News - Jan. 15 -
Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - Jan. 13 -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - Jan. 11 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”The New York Times - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - Jan. 6 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - Jan. 3