Donald Trump’s failing agenda is skyrocketing prices, plummeting an already “rocky” job market, decimating small businesses, and costing thousands of Americans their jobs — and it’s set to get worse. Federal Reserve officials at their last meeting predicted a high probability of a recession, higher inflation, and a drastically weaker job market. It’s no surprise Americans are overwhelmingly rejecting Trump’s failing “billionaire-first” agenda. 

NEW REPORT: Federal Reserve officials at their last meeting predicted slower growth, higher inflation, and a “substantially” weaker job market, while fearing a recession. 

Bloomberg: “Fed staff marked down their expectations for economic growth in 2025 and 2026, reflecting the announced trade policies, the minutes showed.

“‘The staff viewed the possibility that the economy would enter a recession to be almost as likely as the baseline forecast,’ the minutes said.

“The staff forecasted the labor market to weaken ‘substantially,’ with the unemployment rate rising above its so-called natural rate this year and remaining elevated through 2027. Tariffs were seen boosting inflation ‘markedly’ this year. … 

“The minutes also reflected officials’ heightened attention to Americans’ expectations for long-term inflation, as they seek to guard against the possibility that any rise in prices related to tariffs could lead to lasting inflation.

“‘Almost all’ participants noted the risk that inflation could prove more persistent than expected.” 

A majority of Americans are rejecting Trump’s failed economic agenda — and expect things to get worse. 

• Only 39% of Americans say the economy is on the right track 

• 63% expect Trump to make inflation worse over the next year 

• Trump’s approval rating on inflation remains deeply underwater at -19.7%

• Only 33% approve of Trump’s handling of the cost of living

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