Eggs and housing costs contributed to accelerating inflation in January, which indicates it'll be a while until the next rate cut.

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected.

President Donald Trump took office with a promise to “immediately bring prices down.” But conquering inflation is tricky, and efforts can take months to trickle through the economy. At this early stage in his presidency, prices for groceries, used cars and prescription drugs are rising faster than they were a year ago.