He says if Trump continues deporting immigrants at the current rate, inflation will go from 2.5% to somewhere close to 4% “by the time it hits its peak early next year.”
Zandi says his stark prediction is based on recent inflation data. “Foreign-born labor force is declining, and the overall labor force has gone flat since the beginning of the year,” he added. “That’s causing tightening in a lot of markets, adding to costs and inflation.”
oh no, small farms will go bankrupt and have to sell to larger farms that Trump’s friends own… Oops, what an accidental bribe!
Release the Trump/Epstein files
You can’t have inflation, if you stop collecting inflation data. *taps forehead *
worked out well for Argentina and Greece… /s
I’m sure he’ll pull out that sharpie, especially since that’s when J Pow can be legally fired.
Who wants to bet? I’ve got $100 says it goes above 4% by 6/30/26. Of course that $100 will only be worth about $94.
not 4% annually, 4% per month.
Where I live (Philly suburbs) you always used to see people playing organized soccer on all the local fields early Sunday mornings yelling in Spanish. Now those fields are always empty.
I passdd through Times Square yesterday. Weekend during summer. Usually packed with teens families and tourists. It was nearing pandemic levels of empty.
No one is spending
I wouldn’t be out in public unless I had to if I were a Latino.
So, again?
That’s all?
So unless they remove Powell, Trump isn’t getting his rate cut.
And they don’t have the power to do that
