Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
"Federal Reserve mouthpiece": The US may face new inflation risks after the election
2024-10-28 06:11
Odaily News Nick Timiraos, the "Federal Reserve mouthpiece," wrote that the Fed's two-and-a-half-year fight to reduce inflation appears to have been successful, but the U.S. election could change that. Both candidates support policies that promote economic growth that could prevent inflation from falling further. However, economists and even conservative advisers worry that the views supported by Trump are particularly likely to fan the flames of inflation. These include his proposals to impose sweeping tariffs on imported goods, expel workers, and rely on the Federal Reserve to lower interest rates. Taken together, these policies are moving in the direction of inflation. Trump's proposal could put him in a new battle with the Federal Reserve, whose mission is to keep inflation low. Any factors that reignite inflation could cause officials to slow or even stop their plans to cut interest rates. (Jinshi)