ChainCatcher news, Bob Prince, Chief Investment Officer of Bridgewater Associates, stated at the third annual Global Financial Leaders Investment Summit held in Hong Kong on Wednesday that the policies of U.S. President-elect Trump regarding tariffs, fiscal stimulus, and immigration may prevent the U.S. from achieving its 2% inflation target. If the U.S. inflation rate remains close to 3% in about a year and a half, Trump may be inclined to nominate a Federal Reserve chairperson who is willing to accommodate a higher inflation target, which would allow him to cut interest rates.He added, "People are looking forward to rate cuts. But if the inflation rate remains unchanged, then it may not be possible to cut rates. I think the situation 18 months from now will be very interesting, as the current Federal Reserve Chair Powell's term will end." (Jin Shi)