PANews reported on November 6 that according to Jinshi, analysts at Edmond Rothschild Group said in a report that under Trump's leadership, US inflation may rise rapidly. Trade tariff risks and the threat of deporting undocumented immigrant workers may push up US inflation rates. These factors may pose a challenge to the Fed's efforts to curb inflation. They said: "As the impact of Trump's plan on inflation becomes clearer, the Fed may partially abandon the 100 basis point rate cut plan expected in its latest report."
Analysts: US inflation may rise rapidly after Trump takes office, and the Federal Reserve may change its interest rate cut plan
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