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No. It will not help the economy or offset these ridiculous tariffs that in the end will only hurt American consumers (which is starting to happen).
Normally the first thing a President does in office is reassure major players that there will be stability moving forward. This President has done everything but that.
Ha, I hear ya. It takes months to see the result of new economic policies so the current president rides the previous president’s economy until around Q2 /Q3. It’s around Q4 when nations begin to feel the result of the current leader’s policies.
Rising Star
No. Interest rate cuts can’t currently offset tariffs.
Cutting interest rates allows people to raise cash easier. Companies expand, homes sell, people create small businesses. Money moves around and boats rise. Hopefully.
Cutting interest rates will ease lending and enable clients to get back to hiring or invest in growth. Maybe spur companies to borrow more $ to buy ads
Rising Star
It wouldn’t hurt. Lower interest rates mean businesses can feel better about taking out loans. When they do that, they have a lot more money to play with, and that means more jobs.
Only if the one leading the nation in is reliable and favors economic stability. This current one does not.
According to our top economists, maybe, but probably not.