"Fed megaphone": After the US election, there may be a new inflation risk

PANews October 28th news, according to Jin10 report, Nick Timiraos, the “Fed’s loudspeaker”, said in an article that the Fed’s two-and-a-half-year struggle against deflation seems to have succeeded, but the U.S. election may change the situation. Both candidates support policies that promote economic rise, which could prevent inflation from further decline. However, economists and even conservative advisers are worried that Trump’s views, especially his proposals for levying tariffs on imported goods, expelling workers, and relying on the Fed to drop Intrerest Rate, could ignite inflation. Taken together, these policies are developing towards inflation. Trump’s proposals could put him in a new conflict with the Fed, whose task is to maintain low inflation. Any factor that reignites inflation could cause officials to slow down or even stop the rate cut plan.