The president who promised to end inflation is currently faced with uncertainty. They continue to speculate possible actions by Trump, who may exacerbate rising inflation through tariffs on imports and the problem of deporting immigrants. On the other hand, the Federal Reserve is concerned about a potential return of inflation and has already halted the cycle of declining interest rates after four months. However, some indicators suggest a decrease in inflationary pressures, which could potentially alleviate the problem after 12 months.
Rick Newman recalls: "In 2024, Donald Trump withdrew his candidacy for the presidency, promising to reduce prices and end rampant inflation, which had plagued the country during Joe Biden's presidency."
