Good news about trade and US inflation don’t raise markets

The prices for the US consumer were benign since FebruaryAnd May Reading continues this trend, according to the Labor Statistics Bureau “Consumer Price Index, published on Wednesday. Meanwhile, The May Working Day reportsAlthough better than expected, he revised the figures in March and April, exposing some weaknesses in the labor market.

In the usual time, the script of muted inflation and the labor market, which begins to hesitate, will make cutting interest rates – a step that seeks to increase the economy, send prices and opening the job above – a simple solution for any central bank.

But we don’t live in ordinary times like Jeff Cox CNBC – noted.

US President Donald Trump’s tariffs still grow. Although the US and China seem to have reached agreement To support them Previously a trade pact In Geneva, nothing says if Although the tariff figures will change assurances from the White House that they won’t. In addition, the current 55% rate is still left Too heavy to carry for many American importers. The fact that the S&P 500 has fallen, despite the confirmed basis between the US and China, is another sign of investors who are wary of the adoption of trade speeches for the denomination.

The vocational tariff situation also means that data from April and the foreseeable future may be fuzzy. “Today’s inflation prognosis is assured – but only to such an extent”, “” – Note Seema Shah, Chief Global Asset Management Strategist. “Increasing tariff prices may not provide CPI data for several months, so it is very premature to believe that the price shock will not come true.”

If it is difficult to rely on official communication and rigid figures, the US Federal Reserve – and investors everywhere . You will have to move along the way a little blind than usual.

S&P violates the series while Kospi expands profits
American shares fell on Wednesday Despite the positive news about trade and inflation. A S&P 500 lost 0.27% and Nasdaq Composite 0.5%retreated, both interrupted a three -day victory. A Dow Jones Industrial Medium was flat. Asia-pacific markets were mostly dropped on Thursday. Japan Nikkei 225 Slid 0.61% at 13:20 Singapore time but South Korea Kospi 0.68%added, on the track for a seven -day winning series.

Potential extension on the tariff gap
US Treasury Secretary Scott Bavert said that Trump administration was open on Wednesday to expand a 90-day pause for July 9 for the best US trading partners while they Specify “in good faith” in current trading negotiations. The White House “works on transactions” with 18 “important trading partners”, said the hearing in Congress.

American tariffs on China will not change again: lutnick
Trump said in Truth social post Wednesday it’s US responsibilities in China total 55% – But the official White House specified CNBC that this figure consists of an existing 30% blanket tariffs and an additional 25% for certain products. Asked at CNBC “MONEY -MUCH“If current American tariffs in China Not going to change againThe secretary of the trading Howard Lutnik replied: “You can say for sure.”

Budget deficit in American cultivation
A The debt of the state state in May amounted to $ 316 billion, Appeal in April from the income of the tax season. The deficit from year to year up to $ 1.36 trillion, which is 14% higher than a year ago, although the total amount of May 2025 was 9% less than in the deficiency of May 2024. Increasing financing costs again became the main participant in financial issues, with a $ 36.2 trillion debt.

Consumer prices in the US muted in May
US consumer price index on May came 0.1% per month by putting Annual inflation level by 2.4%. Economists interviewed by Dow Jones sought appropriate testimony of 0.2% and 2.4%. With the exception of food and energy, the main IPC was 0.1% and 2.8% respectively, compared to the forecasts of 0.3% and 2.9%. Following Vice -President JD Vance wrote on x that ‘refusal fed to cut rates Monetary Labor Disruption“

Jamie Dimon sees that the US economy is declining
The impact of state expenses on the pandemic and monetary policy that helped support the US economy faded, and it makes the country vulnerable in the coming months, reports Jpmorgan chase CEO Jamie Dimon. “I think there’s a chance The real numbers will quickly deteriorate“,” Dimon said at the Morgan Stanley conference on Tuesday, Factset transcript reports.

(Pro) Who can be a “shadow” chair?
Trump may already look at the replacement of the chairman of the Fed. Given this, the term Jerome Powell does not end until May 2026, so any choice will serve as a “shadow” chair, which watches the Central Bank and telegraph steps that the White House wants to be relatively monetary. Jeff Cox CNBC collapses Possible candidates And how they can affect the markets.

Chinese AI -building races for its ecosystem when bite by American technology. That’s how her supply chain consists

Beijing was mobilized tens of billions Dollars to withstand the American formation for the purchase of advanced semiconductors used in the development of artificial intelligence. While China was able to “roughly” through some breakthroughs, according to experts, it is still a long way.

The task has become more difficult in that the US is holding not only access to China to the most advanced circuits in the world, but also technology vital for the creation of the AI ​​Ecosystem.

These restrictions cover the entire semiconductor leash of the values, ranging from design and production equipment used to obtain AI chips to support items such as memory chips.