🇺🇸 US inflation is soaring.

Truflation index is showing 2.22% inflation and this is solely due to Trump tariffs.

As per @truflation, US inflation has gone up by 82% in less than 3 months.

And this is why Powell is calling for "wait and watch mode".

Inflation is picking up, and is expected to rise over 1-2 months.

I hope US announces some trade deals, otherwise Fed rate cuts could be delayed even more.