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Fortune
Fortune
Eleanor Pringle

Ken Griffin says Trump won the election by promising lower inflation—so he needs to think 'long and hard' about how to protect Americans' standard of living

Citadel CEO Ken Griffin (Credit: Kayla Bartkowski - Getty Images)
  • Ken Griffin argues that while many voters supported Donald Trump expecting lower inflation and improved living standards, Trump's tariff policies risk causing price hikes and undermining that goal. He urges Trump to reconsider his foreign policy and warns that reshoring manufacturing could be inherently inflationary, putting further pressure on Fed Chair Jerome Powell's already difficult role in managing interest rates amid economic uncertainty.

Ken Griffin believes that when voters backed Donald Trump to the Oval Office, one of their main motivations was the belief that he would lower inflation and improve their standard of living.

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