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Federal Reserve cuts US economic growth outlook amid Trump tariffs (www.theguardian.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 1 month ago (1 children)

Is the administration deliberately cooling the economy to suppress wages and make U.S. labor more competitive for reshoring? Is that the endgame for these tariffs?

[–] [email protected] 1 points 1 month ago (1 children)

Yes, they will try to devalue the dollar compared to other currencies.

[–] [email protected] 2 points 1 month ago

That seems to be the course