Trump Win Would Fuel Inflation

“Inflation could reaccelerate if former President Trump wins the White House and Republicans win control of Congress, according to a recent report by Moody’s Analytics,” The Hill reports.

“Under the so-called Republican Sweep scenario, which the forecasters place at a 35 percent probability, consumer price inflation accelerates from 3 percent in 2024 to 3.6 percent in 2025, according to the three economists who authored the report.”