Brookings: Trump's policies haven't sparked recession or high inflation—so far
Brookings argues that the feared outcomes from Trump-era policies haven’t materialized: economists may have overstated negative effects, tariffs have been less pass-through to consumers, and offsetting boosts from the One Big Beautiful Bill Act and AI spending helped keep unemployment low and consumer spending solid. The full impact of immigration changes and tariffs may still unfold over time, and broader policy effects remain uncertain.
