The White House said President Donald Trump’s order this week pausing the disbursement of funds appropriated under his predecessor’s signature climate and infrastructure laws mainly applies to programs that discourage fossil fuel development or boost electric vehicles.

Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.

Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.

Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.

An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022”.

The Trump-fueled stock market rally could see a correction sometime in the next six months, according to one strategist who spoke with BI.

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.

The executive order demanded an immediate pause to some IRA-related federal funding. Funding for which projects? It wasn't clear.

Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year.

The White House Office of Management and Budget (OMB) issued new guidance Wednesday clarifying limits to the disbursement of Inflation Reduction Act (IRA) funds ordered by President Trump Monday.

The U.S. economy has successfully achieved a soft landing, with inflation returning to more normal levels while the labor market grows steadily, said Lael Brainard, the director of the White House National Economic Council,

Historical greatness and a MAGA crack-up both seemed possible in Trump’s first week back in the White House.