Economists Predict Higher Inflation Under Trump Than Biden
TL;DR
A Wall Street Journal survey indicates that most economists believe a potential second term for Donald Trump could lead to higher inflation, deficits, and interest rates compared to a continued Joe Biden presidency. The survey, conducted with 68 professional forecasters, highlights concerns over Trump's policy preferences on trade and immigration, which could impact the labor supply and economic stability. Despite these predictions, the actual impact of either presidency on the economy will depend on various factors, including Congressional actions and external economic shocks.
- Trump Or Biden? Most Economists Say This Candidate's Win Could Bring Higher Inflation Benzinga
- Inflation will go up regardless of who the next president is, but under Trump’s tariffs it would be higher for longer, Oxford Economics says Fortune
- Trumponomics would not be as bad as most expect The Economist
- Majority of economists say inflation would be higher under Trump than Biden: WSJ survey CNBC
- Opinion | The Enormous Risks a Second Trump Term Poses to Our Economy The New York Times
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