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(#161) Ficonomy: Price Hikes Ahead? What New Tariffs and Fed Changes Mean for You
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The U.S. economy is shifting fast — and three big moves out of Washington could change the way you borrow, shop, and even afford your prescriptions. In this episode, we connect the dots on what’s happening and why it matters for your wallet:
- A shake-up at the Federal Reserve – President Trump appoints Stephen Miran, his own economic adviser, to the Fed Board. We break down what this means for interest rates, inflation, and your mortgage.
- Pharmaceutical tariffs up to 250% – Why your medications could cost more, how it could spark a domestic manufacturing push, and what that means for your health budget.
- Reciprocal tariffs in effect – Dozens of U.S. trading partners face new tariffs, raising prices on everything from avocados to electronics.
You’ll get the context behind each move, the ripple effects on the economy, and practical steps to prepare. Whether you’re filling a prescription, refinancing a loan, or buying groceries, this episode is your early warning on the changes ahead.
Links:
New Federal Reserve 1
New Federal Reserve 2
New Federal Reserve 3
Pharma Medication COULD be facing a 250% Tariff
Tariffs Into Effect
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