Effecting the inflation jump in the United States is not here – at least not yet

Waiting for increases caused by the customs tariff in the United States, you can feel like watching M. Night Shyamalan.

The consumer price index came in July often benign. The annual address rate of 2.7 % was 2.8 % lower. However, the basic number was 0.1 Celsius more than expected, and the highest since February, before US President Donald Trump launched a customs tariff in April.

“The definitions in the numbers, but they certainly do not jump on poetry at this stage”, “The former Economy of the White House Jared Bernstein, who served during the era of Joe Biden, CNBC said.

Things seem perfect yet, but you know that something will shock you from your seats in the end – are the numbers accurate, except that the decimal point should turn to the right? – which makes inflation monitoring a captivating experience.

Jean -Hatzius, the chief economist in Goldman Sachs, in a research note on Sunday that the great disclosure (when the American consumer admits, “I see higher prices”). It can happen by October. (He could have put it in Cross Trump))

But the markets have achieved record levels, as investors saw that moderate inflation numbers as a sign that the Federal Reserve has a room for Reduce prices three times this year – Or that the definitions may not pay prices to much higher.

Perhaps the original hypothesis is wrong: as much as inflation goes, can we be happy with Disney, instead of Xiamalan?

CNBC and Kevin Breuninger contributed to this report

The prices of the United States increased in July less than expected. The consumer price index increased by 0.2 % average season for this month The annual number of 2.7 %. Dow Jones economists expected 0.2 % and 2.8 %, respectively.

Close the S&P 500 and Nasdaq compound at new levels. On Tuesday, the CPI report in July Pay indexes to top 1.13 % and 1.39 %, respectively. Trading Asian and Pacific markets higher Wednesday, with Japan Nikki 225 Also hit a new record.

Trump threatens the head of the Federal Reserve Powell with a “major lawsuit”. In a publication on the social truth, the American President He said Possible procedures relate to the Powell administration Federal Reserve Renewal.

Perplexity AI offers $ 34.5 billion to buy a Google browser. The Chrome offer, which was not desirable, is higher than the $ 18 billion in confusion in July, but the company said Investors agreed to support the deal.

The analyst says that gold prices can reach $ 4000. Wall Street expects another alloys after Trump certain “Gold will not be targeted!” One strategy is very optimistic about gold and believes it can jump by 14 % of today’s prices Breaking the level of $ 4000.

Does the financial future develop in London or erode?

London’s reputation as a global financial center is pioneering, increasingly questioning, as it struggles to compete with the likes of New York, Hong Kong and Frankfurt. Britain’s exit from the European Union is still the economy, especially through commercial barriers, increased border costs and reduced productivity compared to survival in the European Union.

Despite the challenges and setbacks, do not waste everything. Business leaders say there is still hope and opportunity of London.

– Retica Gobta