Concerns about inflation have been pegged as a major catalyst for big swings in longer Treasury yields in recent months. The 10-year Treasury yield hit a peak of 4.8% recently, but has since eased back to about 4.

President Biden pointed a finger at Republican states, saying inflation soared under his watch because the leaders there bungled the economy.

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.

As they gather this week at President Donald Trump's Miami resort, House Republicans face a host of tough decisions.

Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.

President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP lawmakers warn rising bond yields could dampen those efforts.

American consumers are once again worried about inflation, the issue that may have cost former President Joe Biden the 2024 election, as President Donald Trump ’s administration advances its economic agenda, according to the latest consumer sentiment reading from the University of Michigan.

Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.

Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the ri

New York Republican leaders hope Donald Trump’s second term boosts their chances in the 2026 gubernatorial race. GOP chair Ed Cox believes Trump’s focus on border security, tax reform, and inflation could build momentum, especially if he delivers on promises like lifting the SALT cap and opposing congestion pricing.

Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the rising cost of groceries.

Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices. The Republican’s comments reflect the reality that presidents have almost no levers to reduce inflation quickly without causing collateral damage to other parts of the economy.