Consumers expect high inflation under Trump administration - Stevenson | Gerald R. Ford School of Public Policy

Consumers expect high inflation under Trump administration - Stevenson

January 10, 2025 Bloomberg

Betsey Stevenson, Ford School professor says consumers likely "have been watching the news where people tell them Trump is going to put tariffs on everything and which is what he has promised and that that will caused prices to go up." So while they expect high inflation it is hard to know what the Trump administration will do.