It’s hard to count on U.S. trade and inflation news

Consumer prices in the United States have been benign since FebruaryAccording to the Bureau of Labor Statistics’ Consumer Price Index report, May’s reading continues this trend. at the same time, May work reportalthough better than expected, revised downwards under March and April figures exposed some weaknesses in the labor market.

In normal times, inflation and the situation of the job market that began to swing will allow lower interest rates – a move that tends to raise the economy, making prices and open rates higher – is a simple decision for any central bank.

But we are not the ordinary era of CNBC’s Jeff Cox Point out.

U.S. President Donald Trump’s tariffs are still in global trade. Even if the United States and China seem to have reached protocol Maintain their Earlier trade agreements In Geneva, no explanation if Although the tariff number will change, The White House Rest assured They won’t. Despite the reaffirming framework between the United States and China, the S&P 500 has fallen, which is increasingly vigilant for trade statements with face value.

The fluctuating tariff situation also means that data may be vague since April and for the foreseeable future. “Today’s predictions for inflation are reassuring – but only to a certain extent,” explain Seema Shah, chief global strategist in major asset management. “Tariff-driven price increases may not be relied on CPI data for months anymore, so it’s too early to assume that the price shock will not be achieved.”

When it’s hard to rely on official communication and hard numbers, we may just need to make the path forward blinder than usual.

S&P Breaks Streak and FTSE 100 Hit Record
U.S. stocks fell Wednesday Despite positive news about trade and inflation. this S&P 500 Lossed 0.27%, Nasdaq Composite Materials Retreat to 0.5%, winning a three-day streak both times. this Dow Jones Industrial StatisticsE is flat. Pan-European Stoxx 600 Reduced by 0.27%, but the UK FTSE 100 Climb to 0.13% Close record levels.

U.S. tariffs on China won’t change again: Lutnik
Trump is Truth Society Position Wednesday The total US responsibilities to China are 55% – But a White House official clarified using CNBC that the figure includes the existing 30% blanket tariff and another 25% on specific products. Ask CNBC’s “Money moves“If the current tariffs on China are Will not change againCommerce Secretary Howard Lutnick replied: “You can definitely say that.”

Our consumer prices are muted in May
The U.S. Consumer Price Index for May was 0.1% this month, which is The annual inflation rate is 2.4%. Economists surveyed by the Dow Jones have been looking for 0.2% and 2.4% readings. The core CPIs were 0.1% and 2.8%, respectively, with the forecasts of 0.3% and 2.9%. After the release, US Vice President JD Vance Write On x, “The Fed’s rejection of lowering rates is Currency malpractice. ”

Jamie Dimon believes the U.S. economy is falling
According to the pandemic-era government spending and the impact of monetary policy helps support the U.S. economy, which leaves the country vulnerable to recession in the coming months. JPMorgan Chase CEO Jamie Dimon. “I think there is a chance The actual numbers will deteriorate soonDimon said at a Morgan Stanley conference on Tuesday, based on the fact set transcript.

Musk turn around
“I Regret some of my posts About President @RealDonaldTrump last week. They’ve gone too far,” Elon Musk Write On X. Public hatred between two men It’s by Musk be opposed to Trump’s “a large bill bill.” But the tension seemed to have cooled down. Musk seems to have delete Some of his social media posts, and Trump explain On Monday, he plans to retain Musk’s star-stripe technology in the White House.

(pro) Who can become a “shadow” feeding chair?
Trump may already be watching the Fed’s replacement. That said, Jerome Powell’s term will not end until May 2026, so any draft pick will be used as a “shadow” chair, they watch at the central bank and telegraph, the White House’s actions on monetary policy. CNBC’s Jeff Cox breaks down Possible candidates And how they affect the market.

US dollar divorce? Asia’s pace of transfer from the US dollar

Asia is gradually moving away from the dollar as a mix of geopolitical uncertainty, currency shifts and currency hedging to sell additional sales value quickly.

Recently, Southeast Asian countries or ASEAN associations Committed to improving the use of local currencies As part of its newly released economic community strategic plan for 2026-2030, the plan is in trade and investment. The plan outlines efforts to reduce the impact associated with exchange rate fluctuations by promoting local currency settlements and strengthening regional payment connections.

Although this shift is more obvious in Asia, the world has also been cutting its dependence on green, with the dollar share in global foreign exchange reserves falling from 70% in 2000 to 57.8% in 2024.