One of President-elect Donald Trump‘s first acts as president will be to sign a memorandum about bringing down inflation.

Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers, although exact details about what that might include were not readily available.

Officials said the wave of inflation under outgoing President Joe Biden’s administration was by design and emphasized that quashing too-high inflation is a top priority for Trump, which is why the presidential memorandum is being released on Day One of the Trump administration.

Inflation has been the biggest economic hardship for consumers over the past four years. Annual inflation peaked at over 9%, and while it has fallen, annual inflation has remained moored above the Federal Reserve’s 2% target.

In December, Inflation moved up for the third month in a row, rising two-tenths of a percentage point to 2.9%, showing that Trump will be inheriting the hot-potato economic matter from Biden.

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It is unclear what tools Trump may deploy to try to drive down inflation, although there are concerns that his planned tariff agenda could cut against efforts to combat rising prices.

The Fed hiked interest rates to multiyear highs in response to the towering inflation, and with recent inflation increases, the central bank is on track to move more slowly in lowering interest rates in the coming year or so.