Togflation on Fed’s mind

Jerome Powell in the US Federal Reserve Post-meeting press conferenceThe topic of tariffs – in particular, the impact of their prices – was a repetition.

“I know that all people know are paid for tariffs for the upcoming months, because someone must pay for tariffs,” Powell said. “Some of them come to the final consumer.”

These final economic data are growing, the US economy has achieved a US economy and cannot escape from tariffs often.

Better than expected in May 139000 jobs were added And the unemployment rate changed by 4.2%. Consumer’s opinions early in June Michigan was much more optimistic than predicting the University’s forecast. And, most importantly, Inflation in May – based on the consumer price index – only 0.1% of the month, below the assessment.

However, this time of positive data should thank the slowdown in the slowdown.

“It takes time to work for some time. From today sellers are purchased. Today it is sold in retail outlets.

These officials have now acknowledged that the U.S. says does not see the weakening of the US economy, but it was recognized as Powell. “At last.” In other words, stagflation is a toxic mixture of high prices and slow growth – may be possible in the coming months.

Song “I wrote in summer“In 2022, it went up the virus.”

US Central Bank holds tariffs, sees two cuts
Wednesday US Federal Reserve has been maintained Interest rates in the range of 4.25% -4.5%he has been since December. Along with a level solution, the Committee showed that it was at the beginning of two cutting dinners through the “point plot” through the “point plot” at the end of 2025. Before Wednesday, President Donald Trump, the rate of federal funds should have at least 2 percentage points and again Jerome Powell, Call it “stupid”.

Bodies walk on inflation and reduce growth forecasts
The US inflation price index in the United States, whose US consumer expenses rated by private consumption, in 2025, more than 3% in accordance with the expected expected assumption. The Central Bank is expected to reach a PRS 2.8% in March. PCE included Only 2.1% of all in April. The federation also reduces economic growth from 1.4% to 1.7% this year. When combined, both are supposed to be Early signs of stagflation.

We had a flat in markets and oil
US stocks written on Wednesday. Too S & P 500 0.03%, Dow Jones Industrial Average 0.1% closed down, but NASDAQ composition 0.13% inches. Oil prices have also changed less. European Regional Stoxx 600 directory lost – 0.36%. Too FTSE 100However, it increased by 0.11% because data showed annual inflation in the UK 3.4% are expected in May.

Trump says Iran hasn’t solved the beats
Second time in two days, Trump Wednesday Met with a national security group in the White House Israel-Iran’s conflict. Trump was supposed to decided that Iran has yet to decide to order the United States. On the same day, the US Ambassador to Israel Mike Khakabi Evacuation flights and umeculation flights and cruise flights were organized to leave Israel.

(PRO) “Deep blow” in the oil market: Jpmorgan
The current jump of oil prices due to the most conflicts in the Middle East, as it can lead to a long-term pricing shock according to historical data Jpmorgor. Change in Iran arising from US or Israeli military action “Deep effect“The bank said in the world oil market.

This is the US EU-Search Deal

The United States and the European Union say there is no time to deal with trading tariffs, and experts say that several basic sticky points can agree.

The talks went slowly, as the United States and the EU have been temporarily transferred to each other until July 9, since they are temporarily commissioned. If the deal is not agreed, Full interaction tariffs 50% in EUs and blocks Broadband anti-measures will come into force.

“We are talking to, but they still do not feel that they offer a fair agreement,” said Trump, every wish, and then hope for a recent agreement.

So what is between two sides with a relationship worth 1.68 trillion euros in 2024 (1.93 trillion)?