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US inflation, 2.4 percent in May, the tariffs of Donald Trump have not been modest pressure on consumer prices.
The annual consumer prices index was lower than 2.5 percent, which was projected by analysts investigated by Bloomberg, but in April 2.3 percent.
The main measure, which eliminates changes in food and energy prices, remained at 2.8 percent compared to the expectations of a little rise.
“Consumer prices for consumer prices remain a microscopic, although the retailers have taken at least three months to last for at least three months,” Samuel Tombs, the Economy of the United States in Pantheon Macroeconomics.
Still, Daniel Hornung, former President Joe Biden, Joe Biden, “This is an encouraging report, but there were many things that are incentive, for example, such as airways related to tariffs.”
Inflation In the coming months, it is expected to increase in the coming months, because the impact of Trump tariffs opened in April in April, is transferred to consumers and enterprises in the world’s largest economy.
The United States currently receives 10 percent more imports, as well as higher capacities from China.
In general, the two-year treasure product, which acts with expectations for monetary policy, almost 0.1 percent fell from 3.95 percent. Shares opened higher, S & P 500 percent by 0.2 percent shortly after 0.2 percent, the dollar index decreased by 0.3 percent.
This US Federal Reserve expected to hold Debt costs When we met next week, 4.25 percent, 4.5 percent, increased to increase in inflation. Markets are prices at the intersection of two Fed degrees first next to September or October until the end of the year.
“If inflation is under control or weakens the work market, the federal reserve is likely to reduce the road,” said Alexandra Wilson-Elizondo, Goldman Sachs Assets GLobal Co-Government Court. “We look forward to holding the Fed in a meeting of the next week, but we see a way to cut a ratio at the end of the year.”
There’s Trump Accumulated pressure The Fed President Jay Powell continues to monitor the leadership of the European Central Bank and the Bank of the European Central Bank and reduces the debt costs this year, and called Powell “Disaster”.
Prof. at Cornell University.
Fed’s elected inflation event, the individual consumer expenditure index fell 2.1 percent in April, but also expected to increase in the coming months.
This is a developing story
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