Economic indicators (1 Viewer)

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    Neworleansfan

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    Biden’s last day and Trump’s first day. Will Trump’s economic policy be an improvement as he has claimed?

    Fed rate: 4.5
    30 year fixed mortgage rate: 7.11
    Inflation rate: 2.9
    Wage growth: 4.3
    Unemployment rate: 4.2
    SP500: 5966.6
     
    Biden’s last day and Trump’s first day. Will Trump’s economic policy be an improvement as he has claimed?

    Fed rate: 4.5
    30 year fixed mortgage rate: 7.11
    Inflation rate: 2.9
    Wage growth: 4.3
    Unemployment rate: 4.2
    SP500: 5966.6
    Mortgage rates were going to decline had Biden's policies remained in place, since inflation had declined. If Trump doesn't screw it up, they will come down, but it won't be because of anything he did. His tariff and immigration policies are likely to make everything worse.

    Is wage growth inflation adjusted? If not, then wages may go up, but I doubt they will keep up with Trump's inflation.
     
    Mortgage rates were going to decline had Biden's policies remained in place, since inflation had declined. If Trump doesn't screw it up, they will come down, but it won't be because of anything he did. His tariff and immigration policies are likely to make everything worse.

    Is wage growth inflation adjusted? If not, then wages may go up, but I doubt they will keep up with Trump's inflation.
    no, it is not inflation adjusted. However, wage growth has outpaced inflation since 2023.
    I am not so sure that mortgage rate will goes down. The fed will keep rate relatively high to combat inflation. And as you mentioned, the current administration proposed policies will probably cause inflation to increase again among other things.
     

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