Many Americans say they voted for Donald Trump because he promised to defeat inflation.
So it’s no surprise that Trump’s first actions included directives aimed at “emergency price relief” for housing, food, gas and other basics, which remain up by double-digit percentages from 2019. He ordered government officials to roll back regulations and claw back climate-related policies in hopes of slashing costs.
But just how much can the president do? And which of his proposals are most likely to make a dent in inflation?
“The reality is, inflation of the type we have gets embedded into the economy and takes a long time to wring out,” said Douglas Holtz-Eakin, president of the American Action Forum, a conservative think tank. “There aren’t many quick solutions.”
For Americans antsy for quick relief, here’s what we found.
