Reported 1 day ago
Bridgewater Associates' Bob Prince stated that President-elect Donald Trump's economic policies could lead to higher inflation, prompting Trump to consider a Federal Reserve chairman who would accommodate this new environment. As inflation could potentially rise towards 3%, Trump may seek flexibility in interest rates to support fiscal stimulation, tariffs, and immigration policies. Investment experts warn that inflation is likely to persist, influencing market dynamics and possible growth in equity sectors.
Source: YAHOO