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On My Mind: US elections—what’s next for the economy, markets and the Fed?
President-elect Donald Trump’s policy proposals—including taxes, tariffs and a simplified regulatory regime—will likely mean stronger US economic growth and might reignite inflationary pressures. This supports Franklin Templeton Fixed Income CIO Sonal Desai’s long-held view that this monetary policy easing cycle will be shorter and more shallow than many financial market participants expect.
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