GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you could read more about oureditorial guidelinesand our products and servicesreview methodology.
However, every president inherits the economic situation of their predecessor.
This was exacerbated by supply chain disruptions post-COVID.
Inflation has not yet dropped back quite that low 2025 opened at around 3.3%.
Unemployment and Other Economic Indicators
The Biden administration moved quickly to address these economic woes, however.
Bidens significant investments kept our economy moving … and set the stage for genuine growth, with enthusiasm.
These are all markers of the economy more than having stabilized.
This seems to be the intent of the Elon Musk-led Department of Government Efficiency (DOGE).
He said, to lower interest rates, fiscal policy must change, and government borrowing must be curtailed.
The key is to manage interest rates effectively to bring them down without triggering inflation.
It is yet to be seen if the policies of the Trump administration will improve things.
More From GOBankingRates
Share This Article:
