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Trump win, GOP sweep would fuel inflation: Moody’s Analytics
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.
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.
Trump policies — including higher tariffs, tax cuts that stimulate the...