USD: Ukraine News Not Boosting Safe Havens for Now – ING
Boosting inflation weaken the economy? Trump's tariff policy harshly criticized by Morgan Stanley.
①Morgan Stanley's Chief Global Economist Seth Carpenter stated that Trump's proposed tariffs will lead to higher inflation and weaken the economic growth of the usa; ②If the tariff policy is eventually implemented, Carpenter believes that it will significantly weaken the growth of the usa by 2026; ③Many economists have questioned Trump's tariff policy, suggesting that it may trigger global trade frictions.
Trump is in a headache: the new US government has not yet made a key decision on the "CFO".
①Trump nominated Luttig as Secretary of Commerce on Tuesday, excluding the top contender for the position of Secretary of the Treasury. ②According to sources, Trump will meet with former Federal Reserve official Kevin Warsh and Global Chief Executive Officer Marc Rowan of Apollo Global Management on Wednesday as he continues to search for a Treasury Secretary candidate.
Morgan Stanley warns that Trump's tariffs will significantly suppress usa economic growth in 2026.
Morgan Stanley's Chief Global Economist, Seth Carpenter, stated that the tariffs proposed by President Trump will weaken usa economic growth by 2026.
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