Nouriel Roubini anticipates that Trump's economic policies, particularly tariffs and tax cuts, will drive inflation up to 5% and could slow economic growth.
Roubini indicated that Trump's proposal for steep tariffs might lead to increased consumer prices and a slowdown in the economy, echoing concerns expressed by other economists.
He cautioned that while some policies might spur growth, others would likely lead to rising inflation and could push interest rates up significantly.
The potential for Trump's economic agenda to increase the national debt by $15.5 trillion raises serious concerns about future inflation and economic stability.
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