Friday , 10 January 2025
Home Forex The two stark scenarios for the US in 2025: 1. Inflation and rate hikes, or 2. Recession
Forex

The two stark scenarios for the US in 2025: 1. Inflation and rate hikes, or 2. Recession

Adam Posen is an economist and President of the Peterson Institute for International Economics.

He argues he expects the Fed to raise interest rates in the second half of 2025, unless the Trump Administration’s aggressive use of tariffs and deportations triggers a recession.

However, it’s more likely that inflation will rise due to the combined effects of tax cuts, tariffs, and reduced migration.

More here (3 minute video)

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

PBOC pauses government bond purchases in the open market

PBOC temporarily halts government bond purchases in the open market starting January...

Japan Eco Min Akazawa: ‘critical stage’ in eradicating the public’s deflationary mindset

Japan Economy Minister Akazawa:No change to the government's stance to work closely...

US non-farm payrolls data due today – the critical key ranges for estimates to watch

The December 2024 employment report is due from the US on Friday,...

Australian household spending +0.4% m/m in November (expected +0.7%)

Australian household spending in November 2024:+0.4% m/mexpected +0.7%, prior +0.8%+2.4% y/yexpected +2.5%,...