📊 Possible Changes in Monetary Policy Could Affect Inflation 🚨
The Bank of America economist, Stephen Juneau, claims that upcoming policy changes, such as higher tariffs and tax cuts financed by deficits, could increase inflation. Juneau expects that the core personal consumption expenditures (PCE) inflation rate will not decrease significantly in the next two years. The Fed may pause interest rate cuts in January of next year, according to his observations. 📊💸🔍