President-elect Donald Trump faces a challenging economic landscape with rising inflation as he returns to the White House. Recent job growth data suggests a strong economy, but persistent inflation and potential policy impacts could threaten economic stability.
President-elect Donald Trump will re-enter the White House next week against a more challenging economic backdrop than when he was sworn in for the first time in 2017 — starting with the threat of inflation. On Wednesday, the Bureau of Labor Statistics was set to report consumer price increase data for December.
The initial surge in stock prices that accompanied Trump’s election in November has been almost entirely erased. Meanwhile, U.S. borrowing costs, already under pressure from skyrocketing debt issuance, have reached new highs alongside signals from the Federal Reserve that it intends to keep its key interest rate elevated in response to the threat of further price increases.
TRUMP INFLATION ECONOMY INTEREST RATES TARIFFS
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