Investment - Articles - US inflation surprisingly falls despite tariffs


US Annual inflation fell to 2.4% in March, from 2.8% in February. US MoM inflation was negative in March falling -0.1%, from 0.2% in February. Annual core inflation (excl. energy and food) fell to 2.8% in March from 3.1% in February. US MoM core inflation fell to 0.1% in March, down from the 0.2% in February.

 Isaac Stell, Investment Manager at Wealth Club said: “US inflation surprised to the downside in March as energy prices declined by 2.4% month-on-month, led by a fall in gasoline which fell 6.3%.

 With a surprise to the downside, the bar for lowering interest rates does seem to have come down slightly. However, the FED will be keeping a keen eye on the impact of tariffs as they work their way through the US economy and policy makers attempt to keep prices in check.

 When the figures for April arrive, inflation is likely to have headed north once again following the introduction of tariffs on China at over 100%. As a huge importer of Chinese goods, the US consumer may shortly start to feel the pinch with additional tariffs on cars and metals also likely to start to dripping through. However, amidst the economic turmoil, good news is welcome even if only temporary.”
  

Back to Index


Similar News to this Story

Just Group completes buyin for Welcome Break Pension Plan
Buy-in insures the benefits of all 348 members of the defined benefit section of the Scheme, sponsored by Welcome Break Group Ltd. Just Group has comp
GDP growth grinding to a halt as Budget uncertainty looms
Comment from Lindsay James, investment strategist at Quilter the latest UK GDP statistics: “After a positive first half of the year, UK economic growt
4 percent may be the neutral case for rates in the near term
Commenting ahead of the Bank of England’s Monetary Policy Committee (MPC) meeting on Thursday 18th September, Steve Matthews, Investment Director, Liq

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.