AP Photo/Charlie Neibergall
- A Trump presidency is an "inflationary threat" to the US economy, Macquarie said.
- Trump may implement trade policies that would lessen the US's dependence on China, and thereby increase prices for American consumers.
- "This too could give pause to FOMC members as they realize that if real policy rates are to stay structurally high as a result."
We've heard about many factors that could spark a renewed bout of inflation: Red Sea tumult, cash sitting on the sidelines, etc. But what about a Trump win in the 2024 presidential election?