Part 5/7:
Reflecting on President Trump's recent tax cuts, the economists pondered over whether these initiatives would actually alleviate pressures for the average consumer. They raised valid concerns about the market's capability to identify enough areas to offset the financial consequences from planned tax cuts and expanded spending.
Kumar and Piegza pondered the implications should the Federal Reserve proceed to raise interest rates, noting the potential fallout such a decision carries for the administration given its overarching concern about economic growth. They agreed that while a recession appears unlikely in the immediate future, there exists a notable probability of economic slowdown within the next few years.