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International Business Times
International Business Times
Business
Daniel AVIS, Julie CHABANAS

Trump's Win Aided By A Relentless Focus On The Cost Of Living

US consumer inflation peaked at 9.1 percent in 2022 (Credit: AFP)

Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration.

But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer.

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