Kelly of Morgan Asset Management says Trump's tariff plan will hit growth and drive up inflation
2024-11-13 22:21:07
David Kelly at JPMorgan Asset Management said President-elect Donald Trump's aggressive tariff plans could weigh on the global economy and put upward pressure on US inflation. "The initial smoke signals are that the tariffs will be very aggressive," Kelly, chief global market strategist at JPMorgan Asset Management, said on Wednesday, adding that "competing tariffs will make the world poorer".
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