Deep Tide TechFlow News, November 20, according to Jin Shi reports, Bridgewater Associates Chief Investment Officer Bob Prince stated at the third annual Global Financial Leaders Investment Summit held in Hong Kong on Wednesday that President-elect Trump’s policies on tariffs, fiscal stimulus, and immigration may prevent the U.S. from achieving its 2% inflation target. If the U.S. inflation rate remains close to 3% about a year and a half from now, Trump may be inclined to nominate a Federal Reserve chairperson who is willing to tolerate a higher inflation target, which would allow him to cut interest rates. He added, “People are hoping for rate cuts. But if the inflation rate remains unchanged, then it may not be possible to cut rates. I think the situation 18 months from now will be very interesting, at which point the current Federal Reserve Chair Jerome Powell's term will end.”