Biden got it down to 2.4% at the lowest. Neither have been able to get it down to 2%. Seriously doubt it will just solve itself like you claim, but anything is possible.It's MUCH lower than it was under the Autopen, and it will continue to decrease.
trump is addicted to giving out "free money", but I hope you are wrong. trump has already taken us to the worst deficit we have ever seen outside of emergencies. Increasing it by another $700 billion would be painful.Yes. You'll see it sometime during the Summer of this year, a few months before the midterms. It might not be for exactly $2K, but there will be a "tariff check" for some similar amount that gets sent out this Summer.
So I will not get the check? It cannot be paid for by tariff revenue, because we are in deep deficit. There is no extra money.The "tariff checks" will be limited by some sort of income level, and they are already paid for by tariff revenue.
As I said, Fed credibility on inflation will be long since gone.By that time, Trump will have already appointed a new Fed Chair who will have already reduced rates like Powell should have been doing a long time ago.
I said it had a good model, in the past. I did not say it was my "favorite model." I am not nerdy enough to have a "favorite model."You've bragged up the AtlantaFed model in the past, as I've shown here.
And there has been extreme cuts in the data collection, so all models are questionable now.
