analysts from the Edmond de Rothschild Group stated that under Trump's leadership, US inflation may rise rapidly. The threat of trade tariffs and the expulsion of undocumented immigrant workers may push up US inflation rates. These factors may pose a challenge to the Federal Reserve's efforts to curb inflation. They stated, "As the impact of Trump's plans on inflation becomes increasingly clear, the Federal Reserve may partially abandon its plan to cut interest rates by 100 basis points as expected in its latest report."