This Northern Trust report provides insights into the expected economic impacts of the 2024 U.S. election results.
• Political Landscape: Republicans are set to control the White House and likely both chambers, enabling a robust policy agenda.
• Fiscal Policy: Likely extensions of the 2017 tax cuts and potential new tariffs on imports could stimulate short-term growth but may lead to higher inflation.
• Monetary Policy: Anticipated higher inflation could prompt a prolonged high-interest rate environment, potentially sparking tension with the Federal Reserve.
For a comprehensive analysis of these developments and their investment implications, access the full report.
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