WSJ: The Moves That Backfired on Trump and Drove Interest Rates and Inflation Higher

Trump’s economic blueprint backfires as inflation climbs: WSJ

When President Donald Trump began his second term, he had promised lower prices, cheaper borrowing, and stronger economic growth, but several of the key elements of his economic programme have, in fact, contributed to inflationary pressure and have helped cause interest rates to rise.As the Wall Street Journal points out, Trump's advisers had originally hoped that tighter spending and deregulation would reassure bond investors, lower the long-te…

Moves That Backfired On Trump and Spiked Interest Rates

“In the early days of President Trump’s second term, his economic advisers laid out a simple theory: Show the bond market that Washington was serious about closing its gaping deficits, and long-term interest rates would fall on their own. Trump could leave the Federal Reserve alone,” the Wall Street Journal reports. “It hasn’t worked out […]

The Moves That Backfired on Trump and Drove Interest Rates and Inflation Higher