fromFortune
2 weeks agoTrump and his new hand-picked Fed chair-whoever it will be-are going to clash 'almost immediately,' economists predict | Fortune
As a result, GDP with grow at a robust rate of 2.5% in both 2026 and 2027, even after accounting for a weaker job market that will slow consumption. "With core inflation remaining above the 2% target for some considerable time, we think the Fed will cut its policy rate by only 25bp in 2026, putting the new Fed Chair and President Trump at loggerheads almost immediately," Capital Economics predicted.
US politics