With inflation ticking up and new tariffs in place, the Federal Reserve faces key decisions on the economy’s future.
As President Donald Trump begins his second term with a promise to usher America into a “golden age,” new economic data is painting a more complex picture.
The latest Consumer Price Index (CPI) report shows inflation creeping up slightly, with prices rising 2.8% over the past year.
This increase comes just ahead of a crucial Federal Reserve policy meeting next week, where officials are expected to hold interest rates steady.
While the Fed remains cautious, economists are closely analyzing inflation trends and labor market conditions to predict future monetary policy.
Some argue that rising prices signal a resilient economy, while others worry about potential long-term consequences.
Meanwhile, President Trump’s decision to impose new tariffs on Canada, Mexico, and China is stirring debate.
Critics warn these trade policies could slow economic growth, while supporters argue they will ultimately strengthen America’s global position.
Treasury Secretary Scott Bessent says the White House is focused on the long-term health of the economy and markets–not short-term volatility.
With inflation, interest rates, and trade policies all in focus, the coming weeks could provide critical insight into the trajectory of the U.S. economy.
So, will Trump’s economic strategy lead to the “golden age” he envisions, or will new challenges emerge?
Darren Marble the Executive Producer of Going Public joins Veronica Dudo to discuss.