US inflation matches expectations but it isn’t necessarily good

Expectations are a funny thing. When we say that something justifies expectations, we usually mean it positively, believing that the obstacle has been cleared or the result is welcome.

But what happens when we expect something bad and the result meets the expectations?

US consumer price index in June as report The Bureau of Labor Statistics on Tuesday complied with the Dow Jones consensus assessment. And there was even a pleasant surprise: the main inflation that eliminates volatile food prices and energy, increased by 0.2% per month, which is 0.1 percentage below expectations.

Taking into account this, both the capital and the main inflation numbers have reached the highest since February.

“The latest US inflation report has virtually confirmed that President Trump’s tariffs acted to push consumer prices in June,” – – Note Matthew Ryan, Head of the Market Strategy at the Ebury Financial Services World Firm.

So while inflation figures did not surprise observers and investors – markets really do not like unpredictability – The fact that the expectations of the down were still implemented, still weighing the stocks that mostly got into the news.

How yesterday’s market movements are illustrated – and, as many of us, after passing the efficiency with our executives, know – sometimes expectations are not good enough.

Bills supported by Trump cannot clear key obstacles in Congress

Several bills on regulating cryptocurrency, backed by Trump, were unable to clear the key procedural obstacle on Tuesday in the House of Representatives, striking a serious kryptus.

These measures were expected to take place. The impossibility of this rule during what is exhibited as the “Crypto -Well” was rarely a case of domestic republicans who refused Trump.

– Erin Dogerti