Potential Inflation Concerns Arise Amid Tariff Changes

According to BlockBeats, Nick Timiraos, known as the 'Fed's Mouthpiece,' highlighted two potential issues in the recently released inflation report. Analysts predict that with the implementation of 'Liberation Day' tariffs, the rate of increase in commodity prices will accelerate in May, particularly in June. Despite a cooling trend in inflation by mid-2024, the year-on-year comparison base is not advantageous, as evidenced by the U.S. core PCE price index recording an annual rate of 2.5% in April, marking the lowest since March 2021.