Analysts: US inflation may rise rapidly after Trump takes office, and the Federal Reserve will change its interest rate cut plan

Analysts at Edmond de Rothschild Group said in a report that under Trump's leadership, U.S. inflation could rise rapidly. The risk of trade tariffs and the threat of deporting undocumented immigrant workers could push U.S. inflation higher. These factors could pose a challenge to the Fed's efforts to curb inflation. They said: "As the impact of Trump's plan on inflation becomes clearer, the Fed may partially abandon the 100 basis point rate cut expected in its latest report." (Jinshi)