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

FCA closes 1600 websites as it fights financial crime
The FCA’s annual report sets out how it has used data and technology to crack down on harm in financial services. Over 1,600 websites suspected of pro
Fresh tariffs threats knock sentiment
The US President has ratcheted up his threats against Canada promising duties of 35% on imports. The UK economy contracted in May by 0.1%, with a drop
Nvidia hits USD4tn as the boy crying tariffs warbles on
The FTSE 100 tip-toed higher again with another nudge towards the record it set last month says AJ Bell Head of Financial Analysis Danni Hewson.

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.