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International Business Times
International Business Times
Business

Trump's Economic Plans Could Cause Inflation: IMF Chief Economist

Donald Trump United States PierreOlivier Gourinchas Inflation Donald Trump International Monetary Fund White House Economy US Federal Reserve WEO
Trump's proposals to hike tariffs and curtail immigration would likely constrain the supply side of the economy and push up prices, IMF Chief Economist Pierre-Olivier Gourinchas says (Credit: AFP)

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

Trump's proposals to hike tariffs and curtail immigration would likely constrain the supply side of the economy and push up prices, Gourinchas said in an interview.

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