Trump administration, Federal Reserve, and CBO release conflicting economic forecasts for next four years
Fox Business·2025-09-30 12:25
The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above the Fed's 2% target. Uncertainty is higher amid the Trump administration's changes to trade policy and tariffs along with shifts in immigration policy, which have produced an uncertain outlook for economic growth, inflation and unemployment from prominent institutions.The Federal Reserve's rate cut announcemen ...