Economist: The more aggressive Trump's policies, the greater the risk of stagflation in the US economy

BlockBeats News, January 9th, the U.S. market reacted enthusiastically to Trump's victory, but this enthusiasm has since cooled. Economist Phil Suttle presented another scenario. His outlook suggests that the more aggressively Trump pursues policies such as deportation and tariffs, the greater the possibility that the U.S. will fall into stagflation panic in the coming years. If immigration is cut off and workers are deported, the workforce may lose all growth momentum, even shrinking. Suttle estimates that, in addition to tariffs, economic growth may stagnate or even reverse in 2025 and 2026. Meanwhile, labor shortages and tariffs could both drive up prices, potentially pushing the inflation rate above 3% annually. Suttle believes that Trump's more aggressive policies may exacerbate these impacts. (Jinse)