OS Wall Street’s main indexes They fell on Friday (28), when the data showed that the basic price pressures increased more than expected last month.
High fuel fears Donald Trump’s tariff policies It can increase inflation.
one Report of the Ministry of Commerce It showed that the PCE index has risen in line with what economists consulted by the Reuters project.
However, with the exception of the volatile elements of food and energy, the index increased more than expected in the annual base in the previous month, while Consumer spending was recovered after the fall in January.
The procedures have suffered from severe decreases last month, which was sponsored by the seizures that Trump’s policies can lead the economy to the era of high inflation and slow growth, and perhaps throwing remaining on the path Federal monetary policy reserves.
“This data gives more credibility to the marginal change that we see towards a More ‘Stagfalacyry“Jordan Rizoto, director of investment at Gammaroud Capital Partners, said.
“If inflation increases or overheats over a period before we see the effect of definitions, this is concerned.”
The markets continue to predict that the Central Bank of the United States will reduce the costs of loans by 25 basic points for the first time this year in July, according to the data collected by LSEG.
Trump’s fixed commitment b 25 % tariffs on car importsIt is scheduled to start next week, hesitate in global markets, and attract criticism from industry leaders all over the world.
The procedures for the car sector absorbed the impact of the previous session losses. the General Motors 0.7 % decreased, while Ford decreased by 0.8 %.
All interest is now focusing on a A new wave of definitions that the United States of America They are planning to reveal on April 2.
S. Dow Jones 1.21 % decreased in 41,789.61 points. the S & P 500 It was a decrease of 1.43 %, to 5,611.75 points, while Nasdak 1.94 % fell, to 17459.41 points.
