2024-12-18
9 分钟Plus, a beefy new skin care trend.
From. The New York Times, it's the Headlines.
I'm Tracy Mumford.
Today's Wednesday, December 18th.
Here's what we're covering
today. The Federal Reserve is widely expected to cut interest rates,
a sign that officials think their efforts to stabilize the U.S.
economy have been working.
But the question now is if that will continue.
After five years of supply chain disruptions and inflation and recession warnings,
the economy has found a place of some stability.
Yet the outlook for 2025 is as murky as ever.
And there's really one reason for that, and it's Donald Trump.
My colleague Ben Castleman is covering the potential economic consequences of the policies that Donald Trump has been floating tariffs,
mass deportations and tax cuts.
He says the Fed will be watching to see which of those Trump follows through on, and so will investors.
A lot of investors on Wall street are banking on a pretty rosy scenario.
They expect Trump to focus on tax cuts and deregulation, things that would be good for corporate profits.
But it's not at all clear that they're right about that.
And I talk to economists who think it's much more likely
that Trump will impose steep tariffs and start another trade war,