DECRYPTION – The Republican’s promises could plunge the United States back into an inflationary crisis, economists warn. With the risk of taking Europe with them.
Alongside migration issues, the surge in prices after the Covid pandemic got the better of the candidacy of Vice-President Kamala Harris. The lull in inflation, which fell to 2.1% in September year-on-year, the lowest since February 2021, has changed nothing. The fault is Donald Trump, who never stopped during his campaign castigating this “Bidenflation” and promising to put an end to it. And yet, on closer inspection, his economic program threatens to cause prices to rise again. “A Trump administration probably means more protectionism which means more inflation, at least in the United States, and a priori less growth everywhere in the world.alerted the governor of the Bank of France, François Villeroy de Galhau, on Wednesday.
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