Goldman Sachs: Trump's Tariff Plan Could Lead to Five More Fed Rate Hikes

Goldman Sachs' Chief Economist Jan Hatzius warned that former President Trump's comprehensive tariff plan could raise U.S. inflation, prompting the Fed to raise rates by an additional 130 basis points. In the Eurozone, the overall impact would be slightly dovish, with a 40 basis point rate cut expected.

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Simon 5183 : Will Trump's election increase inflation? Goldman Sachs chief economist Jan Hazius is clearly a highly educated idiot elite. America's unrestricted borrowing is the main culprit in this round of inflation. Trump's policies are small government, less intervention, control currency issuance, and reduce government borrowing... These policies are all good ways to reduce inflation!

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