Citadel’s Griffin Says GOP Policies Are Fueling Inflation (1)

The Republican party is grappling with policies on tariffs and immigration that are fueling inflation, but its emphasis on deregulation will ultimately help stem price increases, Citadel founder Ken Griffin said.

“The Republicans struggle with the reality that many of their policies which they ran on — for example ending illegal immigration into the United States — are actually pro-inflationary,” Griffin said in an interview at a conference in Paris Tuesday. “When you end illegal immigration, you reduce the size of the available workforce — that is pro-inflation.”

Ultimately, though, deregulation “should unleash productivity gains that will create a reduction ...