Key Point: “President Trump promised voters that, if elected, he would enact policies that would bring prices down on ‘Day 1’ in office. But three weeks into his term, Mr. Trump and White House officials have become more measured in how they discuss their efforts to tame inflation. … Most things are still more expensive than they were a year ago and some are much higher.”

New York Times: With High Prices Persisting, Trump Tempers Tone on Slaying Inflation

By Alan Rappeport and Colby Smith 

• President Trump promised voters that, if elected, he would enact policies that would bring prices down on “Day 1” in office.

• But three weeks into his term, Mr. Trump and White House officials have become more measured in how they discuss their efforts to tame inflation. 

• But in an interview this week, Mr. Trump demurred when pressed about when families struggling with high prices would start to feel some relief.

• [W]hen asked at what point Americans would begin to experience relief from high consumer prices, [White House Press Secretary Karoline Leavitt] said, “I don’t have a timeline.”

• Most things are still more expensive than they were a year ago and some are much higher. Consumers have been experiencing sticker shock when buying eggs, coffee or other grocery staples.

• Popular restaurant chains such as Waffle House have added egg surcharges to their menus, while grocery stores across the country have begun limiting how many eggs customers can purchase.

• The data showed that egg prices were up 15.2 percent in January, the largest monthly increase since 2015. Egg prices accounted for about two thirds of the total monthly food at home increase in January.

• A CBS News poll released this week showed that 66 percent of Americans believe that Mr. Trump is not doing enough to lower prices.