BlockBeats News: On November 21st, Olivier Blanchard, former Chief Economist of the International Monetary Fund, stated on Wednesday that the Trump administration's economic policies may lead to overheating and higher inflation, and will result in the Federal Reserve raising interest rates. Blanchard stated that all three pillars of Trump's economic plan will lead to higher inflation. Imposing tariffs on imported goods will lead to economic overheating and pressure on price increases. Expelling illegal immigrants will lead to labor shortages and wage increases, while tax cuts will also cause the economy to overheat. We don't know how severe inflation will be, but the responsibility of the Federal Reserve is to prevent this from happening. This will lead to higher interest rates and a stronger dollar, which is not what Trump wants