Analyst: Inflation in the U.S. may rise rapidly after Trump takes office, and the Federal Reserve will change its interest rate cut plans
ChainCatcher news, according to Jinshi reports, analysts from the Edmond de Rothschild Group stated in a report that under Trump's leadership, U.S. inflation could rise rapidly. The risks of trade tariffs and the threat of deporting undocumented immigrant workers could drive up the U.S. inflation rate. These factors may pose challenges to the Federal Reserve's efforts to curb inflation.
They stated, "As the impact of Trump's plans on inflation becomes increasingly clear, the Federal Reserve may partially abandon its anticipated 100 basis points rate cut in its latest report."
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