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Trump's economic plans could spark inflation in US, IMF warns

punchng.com/trumps...

submitted over 1 year ago by uzong

Trump's economic plans could spark inflation in US, IMF warns

submitted over 1 year ago by uzong

Trump's economic plans could spark inflation in US, IMF warns
  • The IMF chief economist warned that Donald Trump's economic plans could increase inflation in the US by limiting the supply side and boosting demand through measures like tariffs and tax cuts.
  • Meanwhile, China faces a potential deflation risk due to a property sector crisis, with the IMF urging Chinese authorities to take more action to prevent a significant slowdown in growth.
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