Americans are increasingly optimistic about the economy under Mr. Trump

About 53% of Americans predict the economy will grow in the next six months, according to the survey conducted in the first two weeks of January of Gallup. This is the highest percentage in the polls since 2005 of Washington DC -based data analysis and analysis.

There are 61% of the respondents believe that stock prices will increase – the highest level since 2001. While 52% predict inflation increases in the coming months, is the lowest rate since 2003. In addition, 41% expectation expectations The interest rate will decrease, compared to 35% in the opposite guess.

Jeffrey Jones, Gallup expert, said that optimism is increasing mainly thanks to the high expectation of the President’s economic prospect under the Republican Party, Donald Trump.

Up to 78% of Republican members believe that the economy will improve in the coming months compared to 21% of Democrats. However, the belief in the growth of the stock market is widely agreed among age groups, gender, income, political party and education.

The optimism of Americans in accordance with the views of many economists and policy makers at the Federal Reserve (Fed). After the policy meeting last month, Fed President Jerome Powell assessed the economy “generally still strong”.

The Fed predicts the US economy will grow by 2.1% in 2025, slower than 2.8% in 2024 but still higher than the long -term trend. They expect inflation – measured by personal consumer price index (PCE) to 2.5% this year.

The unemployment rate is now 4.1%, expected to increase to 4.3% at the end of the year, according to the Fed. 38% of Gallup’s survey also predicts that unemployment rate will increase and an equivalent ratio that decreases.

Meanwhile, some experts expressed concern with economic prospects, especially inflation, after President Trump on 1/2 signed an order to impose tax on Mexico, Canada, China and announced it. ” Quite early “the same act for the European Union (EU).

Larry Summers, former Finance Minister of the Clinton government, called the move as “the self -causing wound to the US economy”. “Whether on the playground or in international relations, bullying is not a sustainable victory strategy,” he said on the program “Inside Politics” of CNN.

Mr. Trump asserted that inflation was low in the first term. Therefore, the public can expect the same thing when he returns to the White House. However, independent analysis shows that the president’s tariff policy may have the opposite.

Budget Lab’s analysis of Yale University said that the maintenance of these tax rates will make an average US household cost about $ 1,245 this year, equivalent to an increase of more than US $ 1,400 billion in the next 10 years.

Due to the potential economic impact, Goldman Sachs expects to have compromises for new tax rates to stop implementing. “We think that it is likely that tariffs are only temporary, but the prospect is still unclear,” the Bank of Investment said.