Republicans generally expected higher inflation than Democrats throughout President Joe Biden ’s presidency, according to the University of Michigan’s monthly consumer sentiment survey. Still, from mid-2021 on, members of both parties said they thought prices would climb faster than the Federal Reserve’s annual target of 2 percent.
To save taxpayer money and rebuild the economy, Congress should repeal Biden's poorly named Inflation Reduction Act
· 1d · on MSN
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
· 2d · on MSN
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
The return of President Donald Trump, alongside a Republican-controlled Congress, raises a critical question: Will the Inflation Reduction Act be killed or merely maimed? The answer lies with those GOP representatives; specifically, 32 of them.
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President Donald Trump’s administration issued a memo Monday ordering widespread federal assistance to be temporarily paused, as Trump and his allies have argued he can block government funds that Congress has already authorized, despite a federal law forbidding it.
As they gather this week at President Donald Trump's Miami resort, House Republicans face a host of tough decisions.
Despite all the discussion of spending cuts under the new unified GOP control in Washington, two words that President Trump did not utter even
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.
7mon MSN
Brin is far from the only tech mogul who has (apparently) warmed to Trump in recent years. Mark Zuckerberg once bankrolled liberal causes. Now, the Facebook founder dines with America’s favorite insurrectionist at Mar-a-Lago.
Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic nominee in place ahead of a daunting GOP push to enact Trump’s
Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.
Finance experts discuss how Trump's tax cuts and deregulation plans could impact businesses, banks, and inflation under the new administration.
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