Tag: Inflation
How will Trump’s Second Presidency Affect the Economy?
Inflation and Tariffs One of the main concerns for voters is how the president will deal with inflation. Trump has promised to ‘defeat’ inflation in the coming years, yet has also made a firm stand on raising tariffs for imported goods. He proposes a 10% tariff on all goods entering the US, with a 60%…
Inflation 101: Understanding the Rising Cost of Living
Inflation is a topic that pops up in economic news and everyday conversations alike, but it can be tricky to fully understand. Simply put, inflation refers to the rate at which the prices of goods and services rise, which in turn erodes the purchasing power of money. This affects individuals, businesses, and economies in various…
