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Trump inherited slowing inflation but economic missteps may drive rate hikes, Jordan Weissmann argues

Trump inherited slowing inflation but economic missteps may drive rate hikes, Jordan Weissmann argues
Trump economic policies may spur hikes

Jordan Weissmann critiques the economic record of U.S. President Donald Trump, noting that he inherited decelerating inflation and chose his own Federal Reserve chair.

Despite these advantages, Weissmann claims Trump still managed the economy poorly enough that interest rate hikes are anticipated later this year.

Weissmann has previously questioned whether new policy proposals could complicate efforts to revive Washington, DC's struggling economy. In an earlier article, he also examined the possibility that substantial tax increases might be required to balance the U.S. budget, with limited emphasis on economic competitiveness in future fiscal plans. Both topics remain relevant as discussion continues over economic policy direction.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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