You Won’t Like Trumponomics 2.0

Whoever wins November’s election, inflation will present them with an immediate challenge. More than two years after the Federal Reserve started raising interest rates to alleviate a pandemic-era price spike, the so-called core consumer price index remains well above the central bank’s target. It’s a bit puzzling, then, that former President Donald Trump’s economic agenda seems to be dedicated to raising prices.

What policies would a second Trump administration pursue? The former president hasn’t been a model of clarity on the campaign trail, but some general themes have emerged.