16/1/2025, 5:39:03 pm

The inflation genie is moving to the White House

Americans are growing concerned about sticky inflation, and President-elect Donald Trump needs to make sure that he doesn’t fan those anxieties with untimely tax cuts or tariffs that juice the costs of imports. The latest data suggest why it’s a particularly tricky time in inflation psychology. A report Wednesday showed that the consumer price index rose 0.39% in December.