Coinworld News, Jin10 Data May 13 - In April this year, the month when Trump imposed tariffs globally, the US inflation rate fell to 2.3%, while analysts expect it to remain at March's level of 2.4%. Although Trump has cut many tariffs he announced on April 2, economists warn that most of the impact of import tariffs has yet to be felt, and Federal Rezerv (FED) officials expect price pressures to rise further. Trump pressured Powell to cut interest rates and added last week that dealing with the Federal Rezerv (FED) chairman is like "playing piano to a bull". The inflation target favored by the Federal Rezerv (FED) is not CPI, but PCE. In March, PCE fell to 2.3%, but still above the Federal Rezerv (FED)'s 2% target.
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Coinworld News, Jin10 Data May 13 - In April this year, the month when Trump imposed tariffs globally, the US inflation rate fell to 2.3%, while analysts expect it to remain at March's level of 2.4%. Although Trump has cut many tariffs he announced on April 2, economists warn that most of the impact of import tariffs has yet to be felt, and Federal Rezerv (FED) officials expect price pressures to rise further. Trump pressured Powell to cut interest rates and added last week that dealing with the Federal Rezerv (FED) chairman is like "playing piano to a bull". The inflation target favored by the Federal Rezerv (FED) is not CPI, but PCE. In March, PCE fell to 2.3%, but still above the Federal Rezerv (FED)'s 2% target.