Top economist warns Trump's immigration crackdown may trigger 4% inflation

1 min read
Source: Yahoo Finance
Top economist warns Trump's immigration crackdown may trigger 4% inflation
Photo: Yahoo Finance
TL;DR Summary

Top economist Mark Zandi warns that ongoing deportations under Trump could reduce the labor force, leading to increased costs and potentially pushing inflation from 2.5% to nearly 4% by early next year, amid concerns over labor shortages and rising wholesale prices.

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