If Trump wins the election will the inflation rate in 2025 be below 2.5% (Current 3.5%)?
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Ezra Klein:
Trump has a bold, ambitious agenda to make prices much, much higher. He’s proposing a 10 percent tariff on imported goods, and a 60 percent tariff on products from China. He wants to deport huge numbers of immigrants. And he’s made it clear that he’d like to replace the Federal Reserve chair with someone more willing to take orders from him
[The Ezra Klein Show] Trump’s Bold Vision for America: Higher Prices! #theEzraKleinShow https://podcastaddict.com/the-ezra-klein-show/episode/178092115
@AmmonLam I do not think the president matters that much, but a recession is quite likely this year and next year, which likely will lead to lower inflation.
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