---
title: "Asset management giant Apollo: Open your eyes and take a look, inflation has not yet been controlled"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/219537622.md"
description: "Scott Kleinman, Co-President of Apollo, stated that even without considering any potential impacts of Trump’s policies, inflationary pressures have already been established in light of global trends such as digital infrastructure development and decarbonization"
datetime: "2024-11-13T08:29:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/219537622.md)
  - [en](https://longbridge.com/en/news/219537622.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/219537622.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/219537622.md) | [繁體中文](https://longbridge.com/zh-HK/news/219537622.md)


# Asset management giant Apollo: Open your eyes and take a look, inflation has not yet been controlled

Apollo warns: Inflation pressures have already formed, even without considering Trump's policies.

A week after Trump was elected President of the United States, economists warned that his tariff policies would reignite inflation. On Tuesday, Scott Kleinman, Co-President of global asset management firm Apollo, stated in a media interview that **even without considering any potential impacts of Trump's policies, inflation pressures have already been established, given global trends such as digital infrastructure development and decarbonization.**

In Kleinman's view, "inflation is not yet fully under control," and he cautioned against taking the Federal Reserve's "one-sided statements" at face value. Kleinman stated:

> "We will have to live in a higher interest rate environment for a longer time."

Last month, Apollo CEO Marc Rowan commented that the Federal Reserve has no reason to continue cutting interest rates to stimulate the economy.

In this interview, Kleinman responded:

> "The greater the extent of the Federal Reserve's rate cuts, the less able it will be to control inflation."

### Related Stocks

- [Apollo Global Management, Inc. (APO.US)](https://longbridge.com/en/quote/APO.US.md)

## Related News & Research

- [Wall Street crisis spreads as shadow bank blocks withdrawals](https://longbridge.com/en/news/280235221.md)
- [Market Chatter: Apollo Said to be Close to $10 Billion Deal for KKR's Atlantic Aviation](https://longbridge.com/en/news/281065214.md)
- [BREAKINGVIEWS-Mega-merger warps private equity's insurance logic](https://longbridge.com/en/news/281058905.md)
- [5 Simple ETFs to Buy With $1,000 and Hold for a Lifetime](https://longbridge.com/en/news/281345615.md)
- [Warren Buffett Admits He Sold Apple Too Early, Eyes Future Buying But Not Yet](https://longbridge.com/en/news/281336451.md)