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Will a Trump administration guarantee lower prices for consumers?

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There were a few key issues voters cited as their reasons for voting for President-elect Donald Trump, and inflation was one of them.

Folks are hoping that his policies and economic agenda for the country will result in lower prices at the grocery store and even the gas pump.


But, does having a Trump administration guarantee a lowering of inflation?

Walter "Dub" Lane, Chairman of the Department of Economics and Finance at UNO, says that many Americans who have only become fiscally aware since the 1980s just hasn't experienced inflation, therefor the sticker shock hit harder.

Which also means their reaction to it was just as significant and voters put their faith in who they thought could make the change with their vote.

Lane says there's something to keep in mind. "The prices won't go down. Once they hit the market at those prices they will stay there. Now, they shouldn't go up as the Fed gets ahold of inflation and slow it down."

And they have. News should come soon of lower rates as the market continues to stabilize.

He says that could help Trump, at least in the beginning.

"Trump will benefit from the lower rates at the start of the term."

So, after all is said and done, will the Trump administration continue to lower inflation and, perhaps lower sticker prices.

"No. As a matter of fact, some of his policies will drive inflation up further."