BofA Strategist Hartnett Predicts Inflation Will Push Trump to Reduce Tariffs

Reported 26 days ago

Bank of America strategist Michael Hartnett suggests that rising inflation in the US may lead President Trump to impose smaller trade tariffs to avoid exacerbating inflation. Following a spike in the consumer price index, stock markets initially dipped but later recovered, and Hartnett highlighted the importance of investing in bonds and international equities over US stocks amid the current economic landscape.

Source: YAHOO

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