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World’s biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world’s biggest sovereign wealth fund, said Tuesday. “I don’t think I should give any advice to the U.S., but if you look at the risk to financial markets, I think inflation is for sure one, all driven by tariffs,” the CEO of Norges Bank Investment Management told CNBC at the World Economic Forum in Davos. “Many of the suggestions now coming out of the U.S. are potentially inflationary. They could cause more inflation. There could be less labor supply, there could be more tariffs — all of these things are ... (full story)
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- Posted: Jan 21, 2025 11:40am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 147
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