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Global central bankers are bracing for potential economic upheaval as Donald Trump's return to the US presidency threatens to ignite trade wars, exacerbate budget deficits, and disrupt labor markets. These policies could stifle global growth, fuel US inflation, and limit the ability of central banks worldwide to ease monetary policy.
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A proposed average rise of 21% over five years will cause 'intolerable strain', a consumer group warns.
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News and Media
Donald Trump secured victory in the presidential election, fueled by widespread economic discontent among voters. With the economy as a top concern, voters who felt financially worse off than four years prior overwhelmingly favored Trump, swayed by high inflation and perceptions of financial hardship.
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News and Media
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