The American economy showed signs of slowdown in the first quarter of 2025, according to the analysis of Gustavo Cruz, the chief strategy in RB Investmentos. During your participation in the program Ww This Wednesday (30) indicated that the war of tariffs forced companies to review their goals, which greatly affects the economic scenario.
According to the expert, many companies abandon “instructions”, planning and goals for the year – due to the uncertainty resulting from the tariff war. “This is the war of customs tariffs that makes the goals not possible, and this can make the economy much slowly faster throughout the rest of the year,” Cruz said.
Cruz also dealt with the effects of this position of Federal Reserve decisions (Fed) on interest rates. Before the definition rate, the Federal Reserve will have the ability to interest rateCurrently at 4.5 %, for levels closer to 4 %. However, the The war of tariffs was born fears additional.
The strategy emphasized that Inflation data has been released recently It shows a 2 % distance set by the Federal Reserve. Cruz said: “One of the standards they notice, which is PCE, rose to 3.6 %, deviates himself from a 2 % target,” said Cruz.
Cross analysis indicates the uncertainty scenario. The financial market and monetary authorities are trying to understand whether the effects of the tariff war will be transient or that other sectors of the economy will pollute.
In addition, the expert warned against the potential decline in government spending, which has already made slightly Autumn in the first quarter. Cruz predicts that the total impact of this reduction on public spending will only notice in the coming months, as civil staff employees begin to leave the unemployed appearances in official statistics.
