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Economic Uncertainty in Trump's Second Term
- The Federal Reserve cut interest rates three times in 2024 to boost the cooling labor market.
- Economic uncertainty looms as President-elect Trump's second term approaches, with potential changes to taxes, trade, and government spending.
Market Reaction to Fed Decision
- Markets reacted negatively to the Federal Reserve's announcement of a final interest rate cut.
- The Fed's rate cut signals a cooling labor market and concerns about inflation.
Potential Economic Impact of Trump's Agenda
- Trump's economic agenda includes tariffs, immigration changes, and government spending cuts.
- Economists warn these policies may raise costs for Americans, despite Trump's campaign promises to lower prices.