June 28, 2024

A toxic mix: Trump, debt and inflation

Trump's economic plans could threaten global financial stability

What would a Donald Trump re-election mean for the global economy? Economists across the Atlantic are currently eyeing this question with concern.

"When examining the economic policy announcements of candidate Trump, the package as a whole is clearly inflationary", says LBBW Chief Economist Moritz Kraemer. Additionally, attacks on the independence of the U.S. Federal Reserve are likely to resume.

Find out why this could prove to be a toxic mix not only for the U.S. and what the worst-case implications for the global economy could be, in the latest issue of LBBW To the Point.

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