“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who has become only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.
Vanguard issues its 2025 markets forecast. Analysts at Vanguard have been looking to 2025 and beyond to gauge the future. A recent study by the financial services company, one of
Inflation is causing rates to rise, and rising interest rates are the predominant problem facing markets in early 2025. Read more
Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it's unclear whether his orders will be enough to move the U.
President Trump told a gathering of supporters at the Capitol that the immigration issue was bigger than inflation in his November victory. “They all said inflation was the No. 1 issue. I said I disagree,
Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.
Mexico's headline and core inflation rates will likely land below 4% in January, deputy central bank governor Jonathan Heath told newspaper Excelsior in a story published on Monday, adding that the bank does not need to exaggerate a restrictive posture.
The consumer price index (CPI) rose 2.9 percent year-over-year in December, the largest annual increase since July. When stripping out the more volatile food and energy sectors, core inflation slowed to 3.2 percent, from 3.3 percent.
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
Mortgage rates have experienced fluctuations over the last few months, with a general upward trend in recent weeks. As of January 15, 2025, the average 30-year fixed-rate mortgage stands at 7.01%, reflecting a slight increase from earlier this year — and from the rates we saw in late 2024.
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.