On May 25, institutional analysis pointed out that the market expects the U.S. core PCE price index for April, to be released next Friday, to increase by 0.1%, compared to being flat in March. Economists generally believe that although President Trump's tariffs will have a mild impact on April's price data, the effects of trade policy are expected to become more apparent as early as next month. Given that there are no obvious signs of deterioration in the current labor market, Federal Reserve officials are inclined to keep interest rates unchanged until the effects of trade policy adjustments are fully reflected in economic data.