US inflation jumps are insured here – at least until

The expectation of tariffs caused by tariffs in the US to show can feel how to watch the movie “Schiamalansky” by M. Night.

The July consumer price index came mostly benign. The 2.7% annual heading rate was lower than the Dow Jones estimates, 2.8%. Given this, the main figure was 0.1 percentage more than expected, and the highest since February before US President Donald Trump unleashed his tariffs in April.

“Tariffs are in the rooms, but at this point they certainly do not jump out their hair,” former White House economist Jared Bernstein, who served at Joe Biden, said CNBC.

So far, everything looks idyllic, but you know that something is shocking you from the places after all – or the exact numbers, except that the decimal moment needs to move to the right? – What does the US inflation monitor exciting experience.

Jan Hatus, Chief Economist Goldman Sachs, in Sunday, estimated that a great disclosure (when a US consumer admits: “I see higher prices”) can happen before October. (That could put it Cross Trump.)

But the markets got into record highs, as investors saw a slight inflation as a sign that there is an opportunity in the federal reserve system reduce tariffs three times this year – Either tariffs may not lead to much higher.

Maybe the original prerequisite was incorrect: as for inflation, we might be in a happy in the history of Falic Disney, not in the movie Schamalana?

– Jeff Cox and Kevin Braninger in this report contributed to this report

US prices rose less in July than expected. Consumer price index increased by seasonally adjusted 0.2% per month, putting Annual figure by 2.7%. Economists interviewed by Dow Jones expected to be 0.2% and 2.8% respectively.

The S&P 500 and NASDAQ composite is closed in new highs. On Tuesday, the July CPI report pushed the indices up 1.13% and 1.39% respectively. Asia-Pacific markets are traded above Wednesday, with Japan Nikkei 225 Also hit a fresh record.

Trump threatens the Fed Powell’s “serious lawsuit”. In a report of the truth of the US Social President – Note Potential consideration will be related to Powell’s leadership Repair Headquarters -Kokwater Fed.

AI’s astonishment offers $ 34.5 billion to buy Google browser. Application for Chrome, which came undesirable, higher than estimate $ 18 billion in July, but the firm said Investors agreed to return the deal.

(Pro) Gold prices can reach $ 4,000, the analyst says. Wall -Rate provides another rally for the bullion after Trump confirmed This “Gold will not be tariff!” One strategist is so bull on gold that he believes that can go to 14% of today’s prices to break the level of $ 4000.

Is London’s financial future developing?

The London’s reputation as the leading world financial center is increasingly referring to compete with the New York, Hong Kong and Frankfurt. Brexit is still pulling up the economy, especially through trade barriers, increasing border costs and decreased productivity compared to staying in the European Union.

Despite the problems and failures, everything is not lost. Business executives say there is hope and opportunity for London.

– ritika gupta