đ Inflation Alert: Double Shock Looms Over U.S. Economy đ„
Bloomberg Economics sounds the alarm: a summer with 4% CPI is now on the table. Two key threats are converging:
đš 1. Time Bomb of Tariffs
âą Imminent end of Trumpâs tariff suspensions
âą Risk of return of taxes on over $300 billion
âą Possible rekindled trade tensions
đąïž 2. Oil Shock in the Middle East
âą Increasing conflicts â Oil at $130+ (vs ~85$)
âą +$100 billion of oil = +0.4% on the price index
âą Summer season: amplified effect on gasoline
đŻ Expected:
âą Inflation towards 4% by August (vs 3.3%)
âą đ Fed forced to delay rate cuts
đ Markets already in motion:
âą Energy stocks rising
âą Bond yields climbing
âą Markets no longer anticipate more than 1.25 rate cut in 2024
đ To watch: The dilemma for policymakers:
đșđž Manage inflation, avoid recession⊠in an election year.
#Inflation #OilPriceSurge #Tariffs #FederalReserveSecurity #MarketOutlook