The Economy 2025: The Impacts of Tariffs, Tax Cuts and Trump
The Walter E. Hoadley Annual Economic Forecast, presented by Bank of America.
Major changes are coming to tax, tariff, and regulatory policy in the wake of the November 2024 election. What impact will the new administration and Congress have on the economy in 2025? Will inflation be a big factor? How will our international trade fare? And will unemployment and consumer spending continue on their current paths?
Our expert panel—including John H. Cochrane, the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution; Mary Daly, the president and CEO of the Federal Reserve Bank of San Francisco; Susan Hyde, Robson Professor in the Travers Department of Political Science and co-director of the Institute of International Studies at UC Berkeley; Baie Netzer, senior investment strategist for Bank of America Private Bank; Adam Lashinsky, editor-at-large for The San Francisco Standard and contributing columnist for The Washington Post (moderator)—will give you insight to help you better understand the trends, policies, dangers and opportunities that lie ahead for your business and your wallet in 2025.
Commonwealth Club World Affairs of California is a nonprofit public forum; we welcome donations made during registration to support the production of our programming.
This event is underwritten by Bank of America.
John H. Cochrane
Rose-Marie and Jack Anderson Senior Fellow, Hoover Institution
Mary Daly
President and CEO, Federal Reserve Bank of San Francisco
Susan Hyde
Robson Professor, Travers Department of Political Science and Co-Director Institute of International Studies, University of California, Berkeley
Baie Netzer
Senior Investment Strategist, Bank of America Private Bank
Adam Lashinsky
Editor-at-large, The San Francisco Standard; Contributing Columnist, The Washington Post—Moderator
