Trump's Tariff And Immigration Proposals May Impact Inflation, Analyst Warns

According to PANews, analyst Tim Murray from Pluris has indicated in a report that U.S. President-elect Trump's tariff and immigration proposals could exacerbate inflation, potentially prompting the Federal Reserve to halt interest rate cuts or even raise them. This capital market strategist suggests that such actions could lead to significant market volatility. Murray noted that the energy and financial sectors might benefit from a more favorable regulatory environment, while renewable energy companies could face challenges if parts of the Inflation Reduction Act are repealed. Additionally, the tough trade policies involving increased tariffs could affect non-U.S. stocks and lead to fluctuations in impacted industries.