by Daniel de Visé
USA Today
Good morning! It’s Daniel de Visé with your Daily Money.
Apologies: President Trump is having such a busy first week, we feel like we’re playing catchup.
Amid the flurry of actions Trump took his first day in office Monday was a memorandum calling on federal agencies to find ways to solve what Americans have called their biggest financial burden: inflation.
The memo signified Trump’s effort to swiftly address a historic post-pandemic spike in consumer prices. Inflation is a chief reason Americans said they disapproved of former President Joe Biden and voted for Trump over former Vice President Kamala Harris.
Can Trump fix inflation?