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

Gold traded in a relatively narrow price range on Thursday as investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for monetary policy cues.

Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.

Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on

The move comes after the order sparked widespread criticism and confusion. A federal district judge had temporarily paused the freeze.

The decision was what investors and economists expected after a series of high readings of inflation and strong jobs reports.

There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move,” one economist said.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year, giving themselves time to assess whether inflation is cooling and how President Donald Trump’s policies might impact the U.S. economy.

The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of electric vehicles. The vote was 56-42 in Zeldin's favor.

LIVE: Markets in Indian are poised to open on a flat note with a positive bias, following a lower close on Wall Street overnight after the US Fed held interest rates steady on Wednesday

The US Federal Reserve is in no “hurry” to adjust interest rates again, the central bank’s chair Jerome Powell said yesterday, after policymakers