https://www.taxtmi.com/news?id=31527 The administration shifts emphasis from immediate price level interventions to boosting domestic energy production and immigration enforcement; it pursues deregulation and expanded drilling access to lower energy costs, while proposing tariffs and tax cuts that could raise input and consumer prices. The approach includes public pressure on central bank decisions, juxtaposed with the Federal Reserve's independence, and faces uncertainty over the ability to rapidly increase global oil supply and the potential for policies to create offsetting inflationary effects. en-us Sun, 26 Jan 2025 19:31:03 +0530 Sun, 26 Jan 2025 19:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31527 The administration shifts emphasis from immediate price level interventions to boosting domestic energy production and immigration enforcement; it pursues deregulation and expanded drilling access to lower energy costs, while proposing tariffs and tax cuts that could raise input and consumer prices. The approach includes public pressure on central bank decisions, juxtaposed with the Federal Reserve's independence, and faces uncertainty over the ability to rapidly increase global oil supply and the potential for policies to create offsetting inflationary effects. News - Sun, 26 Jan 2025 19:31:03 +0530 https://www.taxtmi.com/news?id=31527