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President Donald Trump’s tariff campaign comes for your price labels. Tuesday, Department of Labor released New information about the consumer price index, the price of consumer prices increased by 2.7% to 2.7%, and 2.4% faster than May. Although this increase is in line with economists expectationsThe stock exchange still reacted negatively to the news, S & P lowered 500 0.4% and Dow Losing about 1%.
Trump has been over a rollergercoaster since Trump’s announcement of the aggressive plans on April’s Day of April, although the shares have been restored since the trouble of spring. However, on August 1, the Trump will be aggressive in the accumulations of trade partners and the existing tariffs of consumer goods, variables, the existing tariffs for investors.
The consumer price index, which follows the cost of goods and services, is a valid tracker to measure inflation, with investors, the federal reserve rate reduces macroeconomic changes. Although the CPI has extended down since a summit in 2022, a reverse, especially federal spare chairs can be reduced by Jerome Powell warning The modesty of Trump’s tariffs may have a negative impact on inflation, much shagrin.
New data on Tuesday, caused mixed outcomes for shares such as banks Wells Fargo And the JPMorgan falls, despite the results better than expected. Nvidia, first 4 trillion US dollars rose on Tuesday announcer I hope to restore the sale of previously limited general processing units due to export control.
In S & P 500, investors will still use the U.S. of import expenses to trade partners on Tuesday. Again, JP Morgan’s US Investment Strategy, Jacon Manoukian, tell Fortune The long-term US economy remains confident in the advantage of the US economy, the so-called “American” trade as a short vision. “We are completely agree with the idea that the United States lost its position as the central of the financial universe,” he said.
Other assets also fell on Tuesday, Bitcoin’s warm strip, as the best cryptist lies, 2.9% lowered. Again, even if it was above $ 115,000, it fell under a new benchmark of $ 120,000. The House of Representatives can continue with Crypto Week announced by the “Crypto Week”, because MPs consider different sheets to build regulatory framework for stablecoins and other cryptas. The constituency, Stablecoin, who came to the public in June, fell about 4.6% on Tuesday.