Given the economic, financial, and political constraints that Donald Trump is likely to face if he pursues his most radical and ill-advised economic policy proposals, the near-term outlook for the US economy heading into 2025 is relatively benign. Overall, the good ideas should offset the effects of the bad ones.
NEW YORK – What impact will the next US administration have on economic growth and inflation? The answer is not yet clear, because while some of President-elect Donald Trump’s proposed policies would boost growth and reduce inflation over time, others will have the opposite effect.