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Why a Fed cut won’t actually be good news for Trump

Why a Fed cut won’t actually be good news for Trump

Consumer sentiment among low- and middle-income earners is cooling as inflation rises and employment declines. That leaves businesses with a tariff conundrum.

A pedestrian carries a Macy’s Inc. branded shopping bag in New York on Tuesday.

A pedestrian carries a Macy’s Inc. shopping bag in New York on Tuesday. Bloomberg

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fter appearing on the American version of reality show Shark Tank in January, Lisa Lane thought 2025 would be the year her home products business Rinseroo really took off.

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Jessica Gardner
United States correspondentJessica Gardner is The Australian Financial Review’s United States correspondent. She was previously deputy editor - news. Connect with Jessica on Twitter. Email Jessica at jgardner@afr.com

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Original URL: https://www.afr.com/world/north-america/why-a-fed-cut-won-t-actually-be-good-news-for-trump-20250913-p5mupf