Key Takeaways Some of President Donald Trump's executive orders on his first day in office aimed to reduce housing and energy costs by reducing regulations and encouraging oil drilling.Housing and energy costs make up significant portions of household spending and inflation,

“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.

Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.

In his inaugural address, President Donald Trump took aim at inflation, vowing to harness government power to tackle rising costs and improve Americans’ living standards. Yet, many economists warn that his sweeping agenda—centered on tariffs,