UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'The wider politics of price rises'
12 Feb 2025
US January consumer price inflation will be largely unaffected by US President Trump’s trade taxes (though prices are occasionally raised in anticipation of tariffs). Unless tax increases are very aggressive, nothing Trump does will have a bearing on first quarter inflation. However, the composition of consumer prices is politically important.
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