UBS predicts growth despite Trump tariffs By Investing.com

Investing.com – Donald Trump has officially been sworn in as the 47th President of the United States. His policy agenda, if fully implemented, is expected to have a significant macroeconomic impact.However, it is likely that financial and political constraints may mean that the actual policy does not live up to his campaign promises.

UBS Global Wealth Management’s chief investment officer, Solita Marcelli, shared the organization’s outlook for the U.S. economy. According to Marcelli, the base case scenario is one of growth, despite the possible introduction of tariffs tariffs will be enough to hinder US economic growth.

Moreover, UBS does not expect these rates to reverse the current downward trend in inflation, potentially paving the way for the Federal Reserve to cut interest rates by 50 basis points later this year. despite possible policy changes.

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