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Tighter financial conditions, stronger $ under Trump 2.0: S&P Global
Dec 02, 2024
Insights
- Under the new US administration, positive growth effects will be minimal, inflation pressures will rise and the Fed is likely to stop cutting rates earlier, S&P Global Ratings feels.
- This will lead to tighter financial conditions, a stronger dollar and a more complicated macroeconomic picture elsewhere, it said.
- The global economy, however, will start 2025 in a relatively good position, it noted.