The commitment by Trump to bring prices down was what Americans cared about most in 2024. Republican politicians knew they could never honor it, short of triggering a recession.
President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China,<a class="excerpt-read-more" href=" More ...
This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).