Economists Warn: Trump Win Would Lead To Inflation Boom

Top economists are now warning that a Donald Trump election win could lead to a massive rise in inflation, raising costs for millions of Americans.

“Inflation could reaccelerate if former President Trump wins the White House and Republicans win control of Congress, according to a recent report by Moody’s Analytics.

Under the so-called Republican Sweep scenario, which the forecasters place at a 35 percent probability, consumer price inflation accelerates from 3 percent in 2024 to 3.6 percent in 2025, according to the three economists who authored the report.

Trump policies — including higher tariffs, tax cuts that stimulate the economy and an exodus of foreign immigrants that could tighten the labor market and increase labor costs — would fuel the uptick in inflation.” [READ MORE]

Support This Site On Patreon