Trump’s warning about becoming “Herbert Hoover” sets the tone for a sharp look at inflation, tariffs, and a slowing economy. In this condensed Breaking Points episode, hosts Krystal Ball and Saagar Enjeti unpack Trump’s attempts to distance himself from economic fallout after the Iran conflict and tariff whiplash, while the Fed holds rates steady under Kevin Walsh. From energy prices and consumer sentiment to mortgage rates, housing starts, and the strain on starter homes, the discussion explains why everyday Americans still feel squeezed even as markets bet on an AI-driven recovery. You’ll also hear how political fights over taxes, interest rates, and the 2% inflation target are shaping the macroeconomic outlook. Listen now to get the key ideas in minutes.
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