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President Donald Trump speaks to introduce the new TrumpRx website in the South Court Auditorium of the White House in Washington, D.C., on Feb. 5, 2026. Saul Loeb/AFP via Getty Images
There is plenty of bad news regarding prices. The Consumer and Producer Price Indexes are running far hotter than most people anticipated. Not only that, the unadjusted price indexes look even worse. This makes lowering interest rates highly unlikely. Rates might even need to increase to forestall a second wave.
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]