Trump's Inflation Struggles, Economy Strong
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Business & Economics
Inflation report to show U.S. price growth remains elevated, posing challenge to Trump
84% Informative
Prices for so-called core items, which exclude food and energy, were expected to have remained unchanged in January .
That is well above the Federal Reserve’s official 2% goal.
The biggest source of increase for economists’ preferred inflation measure is housing costs.
Without further progress in slowing price growth, President Trump may face pressure to take more aggressive action.