It’s hard to count on US Trade and Inflation News

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. 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 firm numbers, we may have to just go a little forward than usual.

S&P breaks the series and FTSE 100 Hits Record
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 Average was equal. Pan -European Stoxx 600 shed 0.27%but UK FTSE 100 rose by 0.13% to Close at the record level.

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.”

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 came according to 0.1% and 2.8%, compared to the forecasts by 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.

Musk does turn
“I Pity about some of my messages About the president @realdonaldtrump last week. They went too far away “, Elon Musk on Wednesday wrote On X. Both men’s public hostility was caused by Musk resistance to the “one big beautiful bill” Trump “. But the tension seems to be cooled down. Musk seems removed Some of his posts in social media and Trump – Note On Monday, he planned to keep Musk Starlink technology in the White House.

(Pro) Who can be a “shadow” chair?
Trump may already look at the replacement of the chairman of the federal reserve system. 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.

Divorce in dollars? Asia

Asia is gradually moving away from the US dollar as a combination of geopolitical uncertainty, cash shifts and hedging currency that exposes operations across the region.

Recently Association of Southeast Asian countries or ASEAN, seeks to increase the use of local currencies In trade and investment within its recently released strategic economic community plan for 2026 to 2030. The plan outlined the efforts to reduce the turmoil associated with the fluctuations of exchange rates, contributing to the local currency and strengthening of the regional connection to the payment.

Although Asia shift is more pronounced, the world also reduces its dependence on Greenback, at 57.8% in 2024.