{
Rebecca Picciotto

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}
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trump tariffs could increase inflation and interest rates warns financial expert

Extreme tariffs proposed by Donald Trump could disrupt disinflation efforts and lead to higher U.S. interest rates, according to Tim Adams, head of the Institute of International Finance. He warned that while some inflationary impacts might be absorbed in the short term, the overall economic package could exert upward pressure on prices. As Trump positions himself as a change candidate focused on protectionism, analysts express concerns about his potential isolationist policies compared to his opponent, Kamala Harris, who is expected to engage more with the global community.
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United States Dollar European Union Bloomberg Institute of International Finance Federal Reserve Bank of Boston N.A. MEX USA CHN Rebecca Picciotto Kamala Harris John Micklethwait Donald Trump Tim Adams Show more
Finance & Economy, News Article
12:11 23.10.2024
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