When he is inaugurated as president again on Jan. 20, Donald Trump is going to find it difficult to push economic growth above its current sluggish rate. That’s according to the Chapman University’s Economic Forecast for 2025, given Dec. 12 before 800 local business and community leaders.
Economist and Chapman President-emeritus Jim Doti explained the main problem remains nagging annual inflation expected to be 3%, which is above the Federal Reserve Board’s 2% target. Indeed, that morning the Wall Street Journal headlined...