#TrumpTariffs Important - Inflation Base .. 🇺🇸
• If inflation rises, it is positive for the dollar (up) and negative for gold, stocks, and oil (down).
• If inflation decreases or remains unchanged, it is negative for the dollar (down) and positive for gold, stocks, and oil (up).
Banks expect that the Consumer Price Index (CPI) report for April will show that inflation was slightly stronger than in March (which was very low).
They expect the core inflation index to rise by 0.26% during the month, with the annual rate remaining at 2.8%.