November 11, 2024

Interest rates could stay much higher in the U.S. than in Europe

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“We are taking Trump seriously, but not literally,” a Barclays product-management team led by Ben McLannahan wrote in a Monday client note, adding that they expect half the tariffs he campaigned on to be put into force next year, including 30% on China’s goods and services and 5% on imports from the rest of the world.

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