Trump and the Economy - Second Time a Charm?
About this episode
Donald Trump has big plans for the economy. His Treasury Secretary nominee Scott Bessent has set an ambitious triple goal of 3-3-3 - three percent growth; a three percent fiscal deficit and a three million a day increase in US oil production. But as Trump prepares to take office clouds are forming over the economic outlook with market interest rates up sharply on growing fears about lingering inflation and the federal deficit.
On this episode of the Free Expression podcast, economist and former dean of Columbia Business School Glenn Hubbard and Gerry Baker discuss whether Trump can achieve his goals, whether the Fed will be cutting or raising rates this year, and how Trump’s police’s may help or hinder growth and price stability.
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