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Feb 2025
2m 13s

UBS On-Air: Paul Donovan Daily Audio 'Th...

CLIENT STRATEGY OFFICE
About this episode
US January consumer price inflation will be largely unaffected by US President Trump’s trade taxes (though prices are occasionally raised in anticipation of tariffs). Unless tax increases are very aggressive, nothing Trump does will have a bearing on first quarter inflation. However, the composition of consumer prices is politically important. 
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