Tariffs

4 min readTariffs Not Yet Impacting Inflation; & Softening Labor Market For the 4th month in a row, both headline and core CPI came in lower than expectations, suggesting companies have not yet passed tariff-driven price increases to consumers. For May, both readings came in at +0.1%; year-over-year CPI rose to 2.4%, while Core-CPI held at +2.8% for…

4 min readRisk-on Tone In Markets After US/China Tariff Reprieve On May 12th, the United States and China issued a joint statement announcing a 90 day tariff reprieve. The U.S. reduced its levies from 145% to 30%, while China dropped theirs from 125% to 10%. This was seen as a significant de-escalation between the two countries, creating…