Concerns about inflation have been pegged as a major catalyst for big swings in longer Treasury yields in recent months. The 10-year Treasury yield hit a peak of 4.8% recently, but has since eased back to about 4.
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.
As they gather this week at President Donald Trump's Miami resort, House Republicans face a host of tough decisions.
President Trump’s blizzard of executive orders during the first few days of his presidency has sent Republican lawmakers scrambling to make sense of what impact they’ll have on the country, and
Despite all the discussion of spending cuts under the new unified GOP control in Washington, two words that President Trump did not utter even
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
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
Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the ri
Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the rising cost of groceries.
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.
Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices. The Republican’s comments reflect the reality that presidents have almost no levers to reduce inflation quickly without causing collateral damage to other parts of the economy.