Economic forecasts have deteriorated in recent weeks, reflecting the upheaval from federal layoffs, tariff moves and immigration roundups
Investors, consumers and companies are showing the first signs of souring on Donald Trump's vision. With his aggressive and erratic protectionism, he is playing with fire econ.st/41tx87X[image or embed]
-- The Economist (@economist.com) March 6, 2025 at 6:01 AM
He's going to force the Fed to cut interest rates by causing a recession. The rest of the country can burn, so long as he gets to save a millions on his business loans.
President Trump will personally benefit from the Fed rate cut he pushed
The recent Federal Reserve interest rate cut has clear political benefits for President Trump, but it appears the cut will be doubly beneficial to him, as he also now stands to save millions in loan payments in coming years as a result of the rate cut.
www.citizensforethics.org August 2, 2019
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