Analysis: Powell says inflation is resurging and the Federal Reserve may even start raising interest rates again

Odaily Planet Daily News: Oxford Economics estimates that by 2028, Trump's policies will cause inflation to be about 0.3 percentage points higher than other scenarios. Harris' policy will increase inflation by about 0.2 percentage points and house prices by about 0.5 percentage points compared to other scenarios. If the Federal Reserve discovers new inflationary pressures, it is likely to reverse the interest rate cut policy announced by Federal Reserve Chairman Powell on August 23. Powell is now hinting at a gradual rate of interest rate cuts in the coming years. But he also made it clear that if inflation resurfaces, the Federal Reserve may stop cutting interest rates or even start raising them again. (Golden Ten)
Aug 27, 11:42
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