IMF warns Trump’s policies could fuel inflation and block rate cuts

The IMF has warned that Trump's plans to impose higher blanket tariffs by up to 20%, lower taxes, and restrict immigration could lead to higher inflation and prevent Fed interest rate cuts. The fund substantially raised its forecast for U.S. growth in 2025 but cut Eurozone expectations. source: https://www.cryptopolitan.com/imf-trumps-policies-could-fuel-inflation/