Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
All posts tagged Interest Rate
U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March
U.S. inflation dropped to 2.4% in March as consumer prices fell slightly, easing from 2.8% in February. The dip comes amid new tariffs from President Trump and ongoing Fed caution on interest rate cuts. Food prices, however, continued to rise—egg prices surged 60.4% year-over-year.
UPDATED: Federal Reserve’s first interest rate cut since 2020
The Federal Reserve lowered interest rates for the first time since 2020.
Inflation trends under each U.S. president since 1953
Inflation drivers are often complex and it’s essential to understand that new presidents often inherit economies, shaped by their predecessors.