Hanke: Fed Holds Rates Despite Trump Pressure

07/31/2025 Notes in the Margin Steve H. Hanke

The U.S. economy grew 3% in Q2, beating expectations, yet the Federal Reserve maintains its cautious stance on rate cuts. CGTN’s Sean Callebs spoke with Steve Hanke, Applied Economics Professor at Johns Hopkins University about the economy sustaining growth while navigating tariff uncertainty and the possibility of a market bubble.

Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns Hopkins University. He can be followed on X @steve_hanke.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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Meet the Writer

Steve H. Hanke

Steve Hanke is a Distinguished Senior Scholar at the Mises Institute and a Professor of Applied Economics at the Johns...

Hanke: Fed Holds Rates Despite Trump Pressure

07/31/2025 Notes in the Margin Steve H. Hanke

An Interview with Steve H. Hanke on His Life and Work in Economics

07/18/2025 Articles of Interest Steve H. Hanke

Hanke is Professor of Applied Economics at The Johns Hopkins University. His work is on the economics of water, natural resources, privatization, currency boards, dollarization, and finance. He has been a market commenter, and economic adviser to presidents and prime ministers.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

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