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SOL $75.20 -0.27%
TRX $0.3308 -0.65%
DOGE $0.0698 +0.96%
ADA $0.1784 -0.41%
BCH $204.37 +0.68%
LINK $9.44 +6.94%
HYPE $56.13 +0.04%
AAVE $86.36 +0.90%
SUI $0.6824 +0.98%
XLM $0.1577 -0.87%
ZEC $488.90 +1.09%

Temasek Chief Investment Officer: Trump's Victory in the Election Could Lead to a Slowdown in Global Economic Growth

2024-10-29 13:57:32

ChainCatcher news, Rohit Sipahimalani, Chief Investment Officer of Singapore's state investment company Temasek International, stated that if Trump returns to the White House, it may not have a positive impact on the global economy and financial markets.

Sipahimalani pointed out that the policies of the Trump administration would lead to a slowdown in global economic growth, which would ultimately affect American businesses. He also warned that higher interest rates and a stronger dollar would have adverse effects on emerging markets.

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