Analysts: U.S. inflation may rise rapidly after Trump takes office, and the Federal Reserve will change its plan to cut interest rates "
Internet reports that analysts at Edmund Rothschild Group said in a report that under Trump's leadership, inflation in the United States may rise rapidly. The risk of trade tariffs and the threat of expelling undocumented immigrant workers could drive U.S. inflation higher. These factors may pose a challenge to the Fed's efforts to curb inflation. "As the impact of the Trump plan on inflation becomes clearer, the Fed may partially abandon the 100-basis point rate cut expected in its latest report," they said.
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