"Federal Reserve mouthpiece": The US may face new inflation risks after the election

Odaily Odaily reported that Nick Timiraos, the "Federal Reserve mouthpiece", wrote that the Fed's two-and-a-half-year fight to reduce inflation seems to have been successful, but the US election may change this situation. Both candidates support policies that promote economic growth, which may prevent inflation from falling further. However, economists and even conservative advisers worry that the views supported by Trump are particularly likely to ignite the flames of inflation. These include his proposals to impose comprehensive tariffs on imported goods, expel workers, and rely on the Federal Reserve to lower interest rates. Taken together, these policies are moving in the direction of inflation. Trump's proposal may involve him in a new battle with the Federal Reserve, whose mission is to keep inflation low. Any factors that reignite inflation may cause officials to slow down or even stop their plans to cut interest rates. (Jinshi)