Data on the United States inflation caused a surprise when America is waiting for the business tariff the impact of President Donald Trump, who exclaimed, “Inflation is down !!!” about the truth of social. US consumer prices dropped unexpectedly in March in the middle of cheaper petrol and used motor vehicles – the first monthly drop in prices in almost five years – marked by softening of demand for increased concern for recession due to tariffs.
The consumer price index (CPI) cooled at 2.4 percent a year ago, the Ministry of Labor said in its statement. In fact, inflation disrupted inflation by 0.1 percent compared to the previous month, which helped a drop in gasoline prices by 6.3 percent, which helped 2.4 % contraction in the energy index. The food index increased by 0.4 percent in March.
David Kelly, the main global strategist of JP Morgan Asset Management, warned against “calm of the storm” because Donald Trump waged the war of the world economy by announcing heavy tariffs.
“It’s calm before the inflation storm. We get higher inflation from the tariffs,” said David Kelly, adding, “What we see is a lot of softness in the travel industry, which I think will get worse this year.”
Meanwhile, the federal reserve official Jeff Schmid also warned against the “significant increase” of the risks of higher inflation and slower economic growth.
While Donald Trump announced a 90-day pause on higher mutual tariffs-less than 24 hours after they have come into force-most countries are now subject to 10 % of duties.
Meanwhile S&P 500 has fallen by 2 percent despite encouraging inflation data
(Tagstotranslate) US tariff
