President Trump’s latest wave of policy proposals is supposed to address growing US affordability concerns, including a 10% cap on credit card rates and a ban on institutional investors from purchasing single-family homes.
BMO Capital Markets senior economist and managing director Jennifer Lee and New Century Advisors chief economist Claudia Sahm discuss whether Trump’s latest economic policy push could be effective or a cause for more worry.
Sahm also served as a Federal Reserve Board economist and is the creator of the central bank’s Sahm Rule recession indicator.
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