The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

DeSantis says Trump told him while golfing that inflation wasn’t really the No. 1 issue that got him elected - ‘The number one reason why he got elected, he said, was because of the immigration and the border issue,

The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority of economists polled by Reuters, as policymakers digest an expected barrage of new economic policies from Washington.

Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, beef up the U.S. military to face down a rising China and to remake world trade through tariffs and combative negotiation.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.

Analysts say the Donald Trump inauguration is already priced into crypto markets and it matters more which campaign promises he enacts.

Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

Donald Trump oath ceremony is taking place on January 20 and the inauguration event will have an impact on US stock market.

Trump’s economic policies—such as tax cuts, deregulation, and restrictions on immigration—could drive inflation higher in the short term.

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.