Despite President Trump's claim that his policies will lead to lower interest rates and prices, his tariff strategies are creating economic uncertainty, which may lead to a recession. Consumer confidence and business outlooks are declining, causing caution in markets. The Federal Reserve, led by Jerome Powell, remains hesitant in adjusting interest rates due to the unpredictable impacts of these tariffs. Trump publicly criticized Powell's decision to maintain rates, highlighting the tension between his administration and economic policymakers.
Trump's chaotic trade policy has had the opposite effect of his promised economic boom, with rising recession risks and increased uncertainty hampering business and consumer confidence.
The Federal Reserve is in wait-and-see mode, unable to act due to the unpredictable consequences of Trump's tariffs on the economy, growth, and employment.
Collection
[
|
...
]