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Economist: The more aggressive Trump's policies are, the more likely the U.S. economy will fall into stagflation

U.S. markets reacted enthusiastically to Trump's victory, but that trade has since moderated. Economist Phil Suttle offers an alternative scenario. His outlook shows that the more aggressively Trump pursues policies such as deportations and tariffs, the more likely the U.S. is to fall into a stagflation scare in the coming years. If immigrants are cut off and workers are deported, the labor force could lose all of its growth momentum, or even shrink. With tariffs, Suttle estimates that economic ...

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2025-01-10 03:45:52