US inflation reaches 2.7% as Trump tariffs hit

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US inflation rose to 2.7 percent in June, and exceeded the expectations and signals that Donald Trump’s tariffs hit prices.

On Tuesday, the annual consumer prices index was 2.6 percent in May, 2.6 percent in the level of analysts investigated by Bloomberg.

However, after the publication of the information, the US President continued to push the federal reserve to reduce interest rates.

“Consumer prices are low,” he placed his truths on the social network. “Lower the Fed Rate, now !!!”

Information from the Labor Statistics Bureau, if the trade deals are not reached, Washington’s trade partners and Tariff war with Tariff War and Tariff War are the Tariff War.

“Today’s report showed that tariffs began to bite.”

Trump has declared many tariffs since returning to the office, setting the initial rate of 10 percent and offers a number of sector-owned. The application of mutual tasks entered into force until August 1 last week was postponed.

“The effects of the tariffs are finally in inflation, in a modest way, and the enterprises have emerged a significant portion of enterprises so far,” he said.

Added: “This is, especially if Trump is watching the latest tariff threats, it is unlikely to be affordable.”

The increase in inflation in June was partially gased with higher food prices, but was replaced by weak commodity prices.

Annual main inflation leaking more variable food and energy prices, increased by 2.9 percent in accordance with expectations. However, several analysts stressed that the main figure was depressed by the weak second-handed car market.

Futures market traders have reduced their bets to reduce interest rate after the data is published, but still wait two to two quarters by the end of the year.

The dollar and long-dated treasury productivity are sensitive to inflation expectations. The S & P 500 recorded an intraday high, but as a result decreased by 0.4 percent.

“Sunday, the number is not worse,” andy Brenner, international stable income, leader of the securities.

Added that “there is fear.

Lou Brien, a market strategy in Drw trading, marked the “silent” market reaction to the “silent” market, but added: “Inflation has the opportunity to walk around the corner.”

Trump, Fed President Jay Powell and Tuesday posts said that the country will save “a trillion dollar” in debt payments.

However, most members of the Fed’s degree structure committee said they wanted to reduce any reduction until the effects of the tariffs are clear.

Two members said this month would be open to a cut as soon as possible.