Trump Softens Tone on Inflation After Pledging to Lower Prices
![Trump Softens Tone on Inflation After Pledging to Lower Prices](https://static01.nyt.com/images/2025/02/12/multimedia/12dc-inflation-trump-01-jtcz/12dc-inflation-trump-01-jtcz-mediumSquareAt3X.jpg)
Read more at The New York Times
-
Inflation heats up, adding pressure on Trump over vow to lower prices
Price growth unexpectedly accelerated in January, posing an early threat to President Donald Trump's economic agenda.NBC News - 18m -
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs
Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.CNBC - 20m -
Oil prices drop after industry data shows big rise in U.S. crude inventories
Oil futures fell Wednesday, threatening to end a three-day winning streak, after industry data showed a large rise in U.S. crude inventories.MarketWatch - 21m -
Trump says more tariffs coming and calls for lower interest rates – live
President calls for interest rates to be lowered, and said they would ‘go hand in hand’ with tariffs he plans to announce. Several Democratic state attorneys general warned that the country was ...The Guardian - 25m -
Canada and Mexico tariffs risk inflating US housing crisis, Trump is warned
Exclusive: Dozens of congressional Democrats urge president to reconsider threatened import duties on US’s two largest trading partners. Pressing ahead with steep tariffs on Canada and Mexico ...The Guardian - 1h -
Disney softens DEI efforts with Trump back in office
Walt Disney Co. said it would change an internal performance standard focused on diversity and inclusion for executive compensation, saying it would focus on how the initiatives helped the business.Los Angeles Times - 16h -
South Korea's top think tank lowers economic growth projection, citing Trump's tariffs
South Korea’s top economic think tank on Tuesday slashed its growth forecast for the country’s economy for the second time in four months, expressing concern about the potential impact of U.S. ...ABC News - 1d -
Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 1d -
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed's goal, with concerns aplenty about what happens from here.CNBC - 1h -
Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.The New York Times - 3h -
Worried Trump’s aluminum tariffs will raise prices on canned drinks and metal appliances? Here’s what to expect.
There’s good news for shoppers concerned that Trump’s latest tariffs will raise prices on six-packs of beer.MarketWatch - 16h -
Jordan pledges to take in sick Palestinian children as Trump backpedals on aid threat
King Abdullah II of Jordan pledged to take in 2,000 sick Palestinian children from the Gaza Strip on Tuesday amid pressure from President Trump for his country to take in Palestinians from the ...The Hill - 18h -
Trump tariffs on Canadian oil expected to raise U.S. gasoline prices if enacted next month
U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher gasoline prices for U.S. drivers.CNBC - 19h -
Goldman abandons IPO board diversity pledge
Wall Street bank is latest major US company to roll back DEI initiativeFinancial Times - 22h -
Spicer: Trump has been clear 'it may take a little while' for prices to come down
Former White House aide Sean Spicer said President Trump has acknowledged that “it may take a little while” for to prices to come down — referring to a promise Trump made on the campaign trail. ...The Hill - 23h -
Pressley on Trump promise to lower costs: ‘How’s that going?’
Rep. Ayanna Pressley (D-Mass.) slammed President Trump over his promise to lower everyday costs for Americans, asking “How’s that going?” “Donald Trump ran on a promise to bring down costs for ...The Hill - 1d -
Why Trump is going after the penny
President Trump ordered the Treasury Department to stop minting new pennies, citing the rising cost of production. Kelly O'Grady explains.CBS News - 1d -
Steel stocks cheer Trump’s tariffs as companies combat ‘unfairly priced’ imports
President Trump’s tariff plan is seen as leveling the playing field for domestic producers.MarketWatch - 1d -
Here's how Trump's steel and aluminum tariffs could impact U.S. prices
President Trump on Monday ordered new tariffs on all steel and aluminum imports. Experts say some products could become pricier.CBS News - 1d -
Oil prices shake off tariff worries to finish higher after 3 straight weekly declines
Oil futures rose Monday, finding support after three straight weekly declines that took crude to its lows of the new year.MarketWatch - 1d -
US metals prices soar to big premiums ahead of Trump tariffs
Traders pay up to secure copper, steel and aluminium supplies before US president’s levies come into effectFinancial Times - 1d -
How Trump’s tariffs could impact the price of gold
Tariffs aren’t necessarily bullish for the yellow metal.MarketWatch - 1d -
Trump repeats pledge to take control of Gaza
President Trump on Sunday again reiterated his pledge for a U.S. takeover of the Gaza Strip. The president's comments came with Israeli negotiators in Qatar for talks on the next phase of the ...CBS News - 1d -
Trump is unlikely to end Medicare drug price talks — here's what that means for patients and pharma
Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper savings to outdo his predecessor.CNBC - 2d -
The Feistiest Coach in Football Set the Tone for the Eagles’s Super Bowl Win
In the moment leading up to kickoff, Nick Sirianni was strangely calm. It proved he was right for the job all along, a columnist for The Athletic writes.The New York Times - 2d -
Trump Says He Might Use U.S. Transit Agency to ‘Kill’ Congestion Pricing
In an interview with The New York Post, President Trump said that congestion pricing hurt New York City but indicated that he was still talking with Gov. Kathy Hochul.The New York Times - 2d -
Instead of taking aim at inflation, Trump has returned to his familiar culture war fights
Donald Trump's immigration policies, including mass deportations and building a detention center for immigrants, are met with opposition from the majority of Americans, according to a Reuters survey.The Hill - 2d -
Is US inflation on the way down?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
China’s inflation accelerates after rise in lunar new year demand
Producer prices contract for 28th month as threat of US trade war clouds economic outlookFinancial Times - 3d -
China inflation picks up after Lunar New Year spending boost
Yahoo News - 3d -
Temu and Shein Raised Prices, Removed Products as Trump’s China Tariffs Went Into Effect
Sellers and shoppers on the two sites say they saw items disappear and prices go up after President Donald Trump implemented tariffs on Chinese imports.Wired - 4d -
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign.MarketWatch - 4d -
EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measuresFinancial Times - 4d -
ICC condemns sanctions by Trump administration and pledges to continue its work
ICC condemns sanctions by Trump administration and pledges to continue its workABC News - 5d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - 5d -
Wisconsin couple sues Walgreens and Optum Rx, saying son died after $500 price rise for asthma meds
A Wisconsin couple is suing Walgreens and a pharmacy benefits company alleging their son died because he couldn't afford a sudden $500 jump in the cost of his asthma medicationABC News - 6d
More from The New York Times
-
Inflation Rises Unexpectedly, Keeping Fed Rate Cuts at Bay
The Consumer Price Index rose 3.0 percent from a year earlier as food and energy prices picked up.The New York Times - 3m -
Trump Softens Tone on Inflation After Pledging to Lower Prices
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.The New York Times - 6m -
Trump’s Plan to Remake the Federal Work Force
One of President Trump’s first executive orders claims the power to fire, and hire, tens of thousands of career civil servants across the government. Astead W. Herndon, a national politics reporter ...The New York Times - 3h -
More Power for Elon Musk, and the Risk of Lithium-Ion Batteries
Plus, who isn’t in the Rock & Roll Hall of Fame.The New York Times - 2h -
The Fiercest Fighting of the Ukraine War May Be in Russia
The Times interviewed Russian soldiers who said they face a brutal fight to dislodge determined Ukrainian forces from a sliver of Russian land. Trapped civilians fear catastrophe.The New York Times - 1h
More in Top stories
-
Killer of MP David Amess left Prevent too quickly, review says
The programme's handling of Sir David Amess's killer was “sub-optimal”, a review says.BBC News - 1m -
Killer of MP David Amess left Prevent too quickly, review says
The programme's handling of Sir David Amess's killer was “sub-optimal”, a review says.BBC News - 1m -
Inflation increased in January, posing obstacle for tariff plans
Consumer prices rose 3% in January compared to a year ago, data showed.ABC News - 2m -
Full Ukrainian liberation from Russia 'unrealistic,' Hegseth tells allies
"The bloodshed must stop and this war must end," U.S. Defense Secretary Pete Hegseth said.ABC News - 3m -
Full Ukrainian liberation from Russia 'unrealistic,' Hegseth tells allies
"The bloodshed must stop and this war must end," U.S. Defense Secretary Pete Hegseth said.ABC News - 3m