The Business Times
WEALTH & INVESTING
·
SUBSCRIBERS

Key risks ahead for the global economy

Sticky global inflation and China’s uneven economic recovery remain key risks too and a second Trump term would lead to elevated policy uncertainty

    • Trump’s proposed changes to tax policies will likely have inflationary effects – a huge worry given the stickiness of inflation in the US.
    • Trump’s proposed changes to tax policies will likely have inflationary effects – a huge worry given the stickiness of inflation in the US. PHOTO: NYTIMES

    Heng Koon How

    Published Sat, Jul 13, 2024 · 05:00 AM

    THE US presidential election in November is in sharp focus after President Joe Biden’s poor television debate performance raised doubts over his ability to defeat his rival Donald Trump.

    There is the risk of elevated policy uncertainty should Trump win a second term as US president.

    The prospect of a Trump victory – and its impact on the US economy – is the biggest risk facing the global economy for the rest of the year and into 2025.

    Global economyUS Presidential ElectionUS inflationChina economyWealth & Investing

    Share with us your feedback on BT's products and services

    Feedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More