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April Inflation Data Surprises to the Downside—But Don’t Pop the Champagne Yet
April Inflation Data Surprises to the Downside—But Don’t Pop the Champagne Yet
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Markets breathed a sigh of relief as April’s inflation print came in cooler than expected—until someone whispered ’tariffs’ in the trading pit.
Price pressures took a coffee break last month, but the real test comes when new trade barriers hit the supply chain. Will the Fed pivot? Will CEOs blame ’transitory factors’ again? Place your bets.
Meanwhile, Wall Street analysts are already revising their ’soft landing’ fanfics—because nothing says stability like rate cuts fueled by economic uncertainty.
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