Institutional Analysis: Trump Tariff Policy Expected to Have a Moderate Impact on US April PCE

BlockBeats News, May 25th: An institutional analysis pointed out that the market expects the US April Core PCE Price Index to be released next Friday, with a 0.1% month-on-month increase, unchanged from March. Economists generally believe that although the impact of President Trump's tariffs on April price data will be modest, the effects of the trade policy are expected to become more apparent as early as next month. Given the lack of significant deterioration in the current employment market, Federal Reserve officials are inclined to keep interest rates unchanged until the impact of the trade policy adjustments is fully reflected in economic data. (FXStreet)