President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment,

A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.

The IMF has warned that Trump's plans to impose higher blanket tariffs by up to 20%, lower taxes, and restrict immigration could lead to higher inflation and prevent Fed interest rate cuts. The fund substantially raised its forecast for U.

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

The International Monetary Fund has warned that US economic policies under incoming president Donald Trump could hit the rest of the world and ultimately backfire on the US. The I

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.

GOP tax writers are gathering support for creative ways to make the price tag $0 for extending Trump's 2017 tax cuts. Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in spending cuts.

Republicans were reportedly resorting to "magical thinking" to push through an extension of President-elect Donald Trump's 2017 tax cuts, set to expire this year. The Tax Cuts and Jobs Act, signed into law by Trump in December 2017,

Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in Inflation Reduction Act funds.

IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.

IRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day