Macroeconomic Outlook: New York Fed 1-Year Inflation Expectations, New Tariff Red Lines Ignite 'Final Battle'

According to BlockBeats, due to weak employment reports, market expectations for a Federal Reserve rate cut have increased. Trump's new tariffs will take effect on August 7, with tariffs on all countries set at a minimum of 10%, and 39% and 25% for Switzerland and India, respectively. Some countries may negotiate for lower rates.

On Monday, U.S. factory orders month-on-month for June. On Tuesday, U.S. S&P Global services PMI final for July; U.S. ISM non-manufacturing PMI for July. On Thursday, U.S. initial jobless claims for the week ending August 2; U.S. New York Fed 1-year inflation expectations for July.