Institution: The expectation of Trump's victory will accelerate the global monetary policy response

ChainCatcher news, Marcelo Assalin, head of the Emerging Markets Debt team at William Blair, stated that the expectation of Trump's election victory is likely to lead to weak global economic growth and a temporary surge in inflation. Potentially increased tariffs may also put pressure on trade, with major economies that have a significant trade surplus with the U.S. likely to be affected first. To offset higher tariffs and the fragility of the global economy, Marcelo Assalin and his team expect that global monetary policy responses will accelerate, triggering a decline in global interest rates. The outcome of the U.S. presidential election will not change the expectation of declining global interest rates and improving liquidity conditions in the second half of the year. (Jinshi)