Inflation remains stubborn. Could it get worse under Trump? : NPR

Jan 15, 2025 · Inflation remains stubborn. Could it get worse under Trump? Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual …

CouponFollow Extension

9%
OFF

Inflation Remains Stubborn. Could It Get Worse Under Trump? : NPR

3 weeks from now

Jan 15, 2025 · Inflation remains stubborn. Could it get worse under Trump? Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual …

npr.org

7%
OFF

Mortgage Rates Hit 7%, Posing Another Challenge For Homebuyers

3 weeks from now

Jan 16, 2025 · The NPR Politics Podcast ... Inflation remains stubbornly high for many Americans. Could it get worse under Trump? Business

npr.org

25%
OFF

Trump Imposes New Tariffs On Imports From Mexico, Canada And

3 weeks from now

2 days ago · President Trump is imposing 25% tariffs on most imports from Mexico and Canada, as well as 10% tariffs on imports from China. Mexico supplies more than a quarter of the fresh …

npr.org

FAQs about Inflation remains stubborn. Could it get worse under Trump? : NPR Coupon?

Is inflation still a problem under Trump?

Inflation has been an economic scourge for many Americans under President Biden — and it could remain a continued problem under Donald Trump. Consumer prices rose 2.9% in December compared to a year ago, according to government data out on Wednesday. That's substantially lower than the four-decade high of 9.1% that the U.S. hit in mid-2022. ...

What pushed up inflation last month?

Gas and food prices such as eggs helped push up inflation last month. Egg prices were up nearly 37% in December from a year earlier. Inflation has been an economic scourge for many Americans under President Biden — and it could remain a continued problem under Donald Trump. ...

Will trump slash inflation and bring down prices?

On the campaign trail, Trump has promised to slash inflation and bring down prices. But many economists expect that inflation could go higher if Trump follows through on his economic policies. Trump has promised widespread tariffs which could lead to higher prices for consumers. ...

Why did inflation go so high during Trump's campaign?

Americans largely disapproved of the way Trump handled the pandemic, but because of the supply-chain shortages it created, it is largely the reason for inflation going as high as it did. In survey after survey, Americans said inflation and prices were their biggest concern during the campaign — as the pandemic receded from the forefront. ...

Will higher inflation leave the Fed in a tough place?

Higher inflation could leave the Federal Reserve in a tough place. The Fed has started to cut interest rates since September in response to easing inflation — and economists still expect policy makers to continue cutting at its policy meeting next month. The polls underestimated Trump’s support — again. ...

Will Trump's economic policies increase inflation?

But many economists expect that inflation could go higher if Trump follows through on his economic policies. Trump has promised widespread tariffs which could lead to higher prices for consumers. Meanwhile his promises to cut taxes and deport undocumented immigrants could also help ignite more inflation. ...