Donald Trump seemed poised to inherit a relatively strong economy when he begins a second term in the White House in January. Then the Federal Reserve signaled that it would have fewer than expected interest rate cuts next year, sending the stock market tumbling, and Trump added to the uncertainty by blowing up a spending bill. But how much can the government actually control with short term measures? We talk to Larry Kotikoff, a professor of economics at Boston University.
U.S. economic uncertainty - December 20, 2024
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Donald Trump seemed poised to inherit a relatively strong economy when he begins a second term in the White House in January. Then the Federal Reserve signaled that it would have fewer than expected interest rate cuts next year, sending the stock market tumbling, and Trump added to the uncertainty by blowing up a spending bill. But how much can the government actually control with short term measures? We talk to Larry Kotikoff, a professor of economics at Boston University.
