Inflation, GDP Would Be Same Under Harris or Trump, Survey Says
- Estimates match no matter who wins in Bloomberg economist poll
- Still, they say Harris policies are more favorable for economy
This article is for subscribers only.
The outlook for inflation and growth in the US would be roughly the same whether Kamala Harris or Donald Trump wins the election, though economists in a Bloomberg survey give the vice president the edge on the economy overall.
A popular inflation metric favored by the Federal Reserve — the personal consumption expenditures price index — is expected to rise an annualized 2.2% on average over the next four years under either candidate, according to the survey of 29 economists conducted Oct. 7 to 10. The median forecast for gross domestic product projects a 2% annualized growth rate on average no matter who wins.