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Marketplace®

Daily business news and economic stories
Nov 7, 2024

The economy Trump will inherit

Plus, Heather Long at The Washington Post tells us what Trump’s policies could mean for the Federal Reserve.

The economy Trump will inherit
Timothy A. Clary/AFP via Getty Images

Segments From This Episode

  • The stock market cheered the prospect of lower corporate taxes, but the bond market is expecting wider deficits.
    Kevin Dietsch/Getty Images

    Many gained on the prospect of lower taxes and the relief from uncertainty. But bonds declined on forecasts of bigger deficits.

  • Trump inherits a sturdy economy

    by Kai Ryssdal and Sofia Terenzio
    Greg Ip of The Wall Street Journal emphasizes that we can't predict what the economy will look like under a second Trump administration.
    Bill Pugliano/Getty Images

    Higher tariffs and lower taxes are key to Trump’s plan. The WSJ’s Greg Ip weighs their potential effect on the economy Biden and the Fed built.

  • Project manager Stephen Sasa works on updating the dining patio of a Portland, Oregon, restaurant. Sasa says journeyman carpenters who work with him make $40 to $50 an hour, plus benefits.
    Mitchell Hartman/Marketplace

    The Fed’s Beige Book reports shortages in industries including technology, manufacturing and construction.

  • In the past, tariffs have raised prices for American consumers and businesses.
    Anthony Kwan/Getty Images

    Here’s what tariffs on goods from China and elsewhere have already meant for businesses and consumers since his first term.

  • What Trump's re-election means for the Fed

    by Sean McHenry

    The president-elect’s economic policies could mean higher interest rates for longer.

  • Trump's deportation plan could have major ramifications for the U.S. economy.
    Getty Images

    Mass deportations could impact everything from growth to wages to inflation.

Music from the episode

The Team

The economy Trump will inherit