Reported about 1 month ago
In a recent discussion on Yahoo Finance's Capitol Gains, analysts explored the potential impact of the 2024 election outcomes on economic policies and inflation. They examined how a Republican sweep might alter Biden administration initiatives like the Inflation Reduction Act, potentially increasing corporate tax rates with a Democratic win. The conversation highlighted that while Democrats are often blamed for inflation, Trump's proposed tariffs and immigration policies could also exacerbate inflationary pressures.
Source: YAHOO