Analyst: After Trump takes office, US inflation may rise rapidly, and the Federal Reserve may change its interest rate cut plan
Bitget2024/11/06 12:21
An analyst from the Edmond de Rothschild Group stated in a report that under Trump's leadership, U.S. inflation could rise rapidly. The risk 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 said: "As the impact of Trump's plan on inflation becomes increasingly clear, the Federal Reserve may partially abandon its expected 100 basis point cut in its latest report."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$73,893.12
+6.71%
Ethereum
ETH
$2,617.66
+6.52%
Tether USDt
USDT
$1
+0.09%
Solana
SOL
$186.56
+13.17%
BNB
BNB
$581.25
+3.25%
USDC
USDC
$1
-0.03%
XRP
XRP
$0.5308
+4.35%
Dogecoin
DOGE
$0.1961
+14.48%
TRON
TRX
$0.1635
+1.30%
Cardano
ADA
$0.3558
+6.86%
Bitget pre-market
Buy or sell coins before they are listed, including PGC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now