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.

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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 - 37m
10-year Treasury yield has biggest one-day jump of 2025 after hot inflation data

U.S. government debt aggressively sold off on Wednesday, pushing the benchmark 10-year yield up for a fifth straight session, after the consumer-price index for January exceeded expectations and ...
MarketWatch - 43m
Inflation hotter than expected in January, consumer price index shows

The consumer price index shows that inflation accelerated in January at a pace economists weren't forecasting, rising 3% on an annual basis and 0.5% monthly. CBS News MoneyWatch correspondent Kelly ...
CBS News - 56m
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 - 1h
Trump says ‘Biden inflation’ is up. What’s right, and not, about that remark.

President Trump had a quick response to numbers showing hotter-than-forecast 0.5% rise in consumer prices in January.
MarketWatch - 1h
Inflation increased in January, posing obstacle for Trump tariff plans

Consumer prices rose 3% in January compared to a year ago, data showed.
ABC News - 1h
January consumer price index report shows a rise in inflation and prices

New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation ...
NBC News - 1h
Inflation picks up speed after Trump promised to ‘rapidly’ bring down prices

Consumer price index rose by 3% in January as president has yet to fulfill pledge of tackling high cost of living. Inflation ticked higher in the US in January as Donald Trump returned to office ...
The Guardian - 2h
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 - 4h
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 - 18h
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
Inflation heats up, adding pressure on Trump over vow to lower prices

Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump's economic agenda.
NBC News - 1h
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 - 2h
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 - 3h
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 - 6h
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 - 18h
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 - 21h
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 - 21h
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 - 1d
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
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 effect
Financial 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 - 2d
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
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 outlook
Financial 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
ICC condemns sanctions by Trump administration and pledges to continue its work

ICC condemns sanctions by Trump administration and pledges to continue its work
ABC 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 medication
ABC News - 6d