Zandi Warns of High Inflation, Blames Tariffs and Immigration
Update: 2025-11-24
Description
Economist Mark Zandi warns of a persistent inflation crisis, attributing it to factors like tariffs, strict immigration policies, and de-globalization. He predicts inflation to reach nearly 3.5% next year, far from the Federal Reserves target. Zandi contrasts this with a scenario where tariffs are absent and immigration policies are normal, suggesting inflation would likely stay around 2.25% through 2026. The current administration, however, remains optimistic, attributing inflation to services and predicting lower prices due to energy costs and trade deals.
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