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Trump Was Poised to Inherit a Strong Economy. Then Things Got Rocky and He Added to the Uncertainty

Posted on the 21 December 2024 by Phil's Stock World @philstockworld

By JOSH BOAK, AP

The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier - with critics saying the president-elect is contributing to the uncertainty.

The Dow Jones stock index essentially ended Thursday flat after having posted 10 days of losses. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for next year.


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