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Deutsche Bank warns that new trade restrictions under a Trump administration could negatively impact the US economy, potentially increasing inflation and delaying Federal Reserve interest rate cuts. The proposed tariffs could boost headline PCE by 120 basis points and core PCE by 140 basis points.
Trump’s tariff threat set to derail rate cuts, Deutsche Bank says https://t.co/9AjVeP9L7Q via @business
"A fresh round of trade restrictions under a Donald Trump administration would serve as a negative supply shock to the US economy, potentially boosting inflation and forestalling Federal Reserve interest rate cuts into next year" https://t.co/T8MSrjE0q5 https://t.co/IJtihTYAAb
DB economists see Trump’s proposed tariffs boosting headline PCE in the US by 120 basis point and boosting core PCE by 140 basis point. https://t.co/DyxQPbV4bR
