But a slowing economy is not good, is it?
The best of times always have some inflation, and that gives sellers an opportunity to take more profits by raising prices. It raises Real Estate prices, eg.
There is the danger of over-doing interest rates and "killing the economy" or stalling it out.
Its easy to see why Trump is worried about it.
It is a balancing act. An overheated economy can lead to a crash.
We are still well below our historical interest rate average.