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Organization: Trump's inauguration may mean a weakening of the Federal Reserve's dovish stance

Organization: Trump's inauguration may mean a weakening of the Federal Reserve's dovish stance

Bitget2024/11/06 14:12

Gary Ng, a senior economist at the French Foreign Trade Bank, said that due to Trump's trade tariffs and tax cuts which could lead to rising inflationary pressure and an expanding fiscal deficit, the dovish stance of the Federal Reserve may not be as strong as before.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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