Prediction: 3 Reasons Donald Trump Can Expect a Big Move in Inflation in 2025
Lowering interest rates while simultaneously raising tariffs could stoke higher inflation, and undo all of DOGE's work.
A faster-than-expected inflation rate for January spooked the stock market on Wednesday, with rising costs for food, shelter, and energy all combining to push inflation up to 3% for the year. Core inflation, which doesn't count two of those three factors, is actually running even hotter at 3.3% presently.
And things could be about to get even worse. Maybe much worse.
Image source: U.S. Bureau of Labor Statistics.
