In June inflation data confirm the confirmation of the suspension of temporary suspension with the growth of the induction uncertainty

June Consumer price index (CPI) The Federal Reserve Chamber is likely to continue the waiting and vision approach to lowering prices amid uncertainty about how President Trump’s tariff affects inflation.

On the basis of “basic”, which excludes the costs of food and volatile energy, the consumer price index increased by 0.2 % than the previous month, and it is slightly lower than economists’ expectations but before May 0.1 % won.

After the report, the investors were putting a 97 % probability of the FBI retention rates fixed in its meeting in July, an increase of 93 % on Monday, according to what he said. CME Fedwatch tool. Meanwhile, the chance of reducing the September rate decreased sharply after the release, as less than 60 % decreased in the beginning and more than 50 % decreased with data market digestion.

“The Federal Reserve’s ability to reduce prices was strongly based on printing inflation today,” said Sima Shah, the international chief strategic expert in the management of the main assets, after the issuance of Tuesday.

“With more soft enlargement than expected for the fifth consecutive month, it may initially seem to be a few signs of reinforcement resulting from the customs tariff for inflation expected by the Federal Reserve,” referring to slow monthly gains in basic prices. “However, with increases in categories such as home furnishings, entertainment and clothes, import fees are slowly liquidated to basic goods.”

Read more: How to protect your savings from inflation

In fact, clothes prices increased by 0.4 % in June, and shoes jumped by 0.7 % after several months of declines. The prices of furniture and bedding also increased by 0.4 %, reflecting the decrease by 0.8 % recorded in May, indicating that the costs of tariffs began to reach consumers.

Shah pointed out that the full inflation effect of definitions will take time to achieve it, especially since many goods were loaded in the foreground before the latest progress.

“With the announcement of the high tariffs, it will be wise for the Federal Reserve Bank to remain on the sidelines for at least a few other months,” she added.

Greg Dako, the chief economist in EY, chanted this opinion, noting that the full effects of definitions have not yet revealed themselves. He believes that any increases in the resulting prices are likely to be short -term.

“Many companies talk about passing quickly on the shock of the upper tariff of these higher duties. So we expect a fairly rapid pass,” he told Yahoo Finance. “But if we are in an environment where there is an overlapping tariff during the next year, there is a risk of continued inflation. I think this is the main danger to the American economy at the present time.”