The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
I think it will take longer than that, there’s still a lot of rich people who don’t think Trump will really do the tariffs or the mass deportation. Once it becomes clear that is really happening the economy will likely start getting all kinds of messed up fast.
Also, as others have told you, inflation is actually low again currently and that is why rates are coming down now. This is the “soft landing” that everyone was talking about, just in time for Trump to take the helm.
I don’t get this … People liked trump because he wasn’t a politician and did what he said . And now that he says he will do things they don’t believe him even when he’s already put tariffs on shit last time…
I think it will take longer than that, there’s still a lot of rich people who don’t think Trump will really do the tariffs or the mass deportation. Once it becomes clear that is really happening the economy will likely start getting all kinds of messed up fast.
Also, as others have told you, inflation is actually low again currently and that is why rates are coming down now. This is the “soft landing” that everyone was talking about, just in time for Trump to take the helm.
I don’t get this … People liked trump because he wasn’t a politician and did what he said . And now that he says he will do things they don’t believe him even when he’s already put tariffs on shit last time…