Is there a risk of renewed inflation under the Trump administration?

Happy New Year, albeit belatedly.

I look forward to your continued support this year as well.

This is Kotsumekko with the New Year fatigue still lingering, hello.

Now then, the inauguration of Mr. Trump as president is near.

He has been unveiling quite a variety of policies here and there.

Canada should become the 51st state of the United States

I want Greenland

Manage the Panama Canal

Turn the Gulf of Mexico into the “Gulf of America”!

and so on…

(There were policies I had originally considered as well)

Among all that, here is news like this.

(Quoted from Yahoo News below)

The Federal Reserve Board (FRB) announced on the 8th the minutes from its December meeting, which decided an additional 0.25% rate cut. Many participants were concerned that tariff increases and tighter immigration enforcement proposed by the incoming Trump administration could rekindle inflation. They indicated that, from January onward, a slower pace of rate cuts would be appropriate.

According to the minutes, nearly all participants judged that “the risks to upside inflation had increased.” They cited reasons such as inflation running above forecasts recently, and possible effects of changes in trade and immigration policy, showing concern about the new Trump administration taking office on the 20th.

...that is how it is.

How will American inflation behave?

It is also of interest how that will affect Japan.

https://www.gogojungle.co.jp/tools/indicators/55316?via=users