A Trump Boom?

Published on November 21, 2024

With his remarkable electoral comeback, Donald Trump has defined an era in American political history. But his legacy will depend on whether his policies advance long-term American prosperity by cutting taxes and boosting investment, or undermine it with trade wars and mass deportations.

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What’s Ahead for the Fed

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Lost in the excitement of election week was a meeting of the Federal Reserve. At its conclusion, interest rates were lowered by another quarter-point. But where they are heading from here is a matter of increasing uncertainty.