US Inflation Rate Plummets to 2.4% Amid Tariff Pause—What’s Next for Markets?

CN
10 days ago

Inflation appears to be moderating, as indicated by the latest Consumer Price Index (CPI), a comprehensive gauge tracking the cost of goods and services nationwide. The U.S. Bureau of Labor Statistics noted in its latest release that the CPI for All Urban Consumers (CPI-U) dipped 0.1 percent after seasonal adjustments last month, following a 0.2% uptick the prior month.

US Inflation Rate Plummets to 2.4% Amid Tariff Pause—What’s Next for Markets?

U.S. stocks opened in the red on Thursday morning.

Over the preceding year, the all-items index documented a 2.4% total rise prior to seasonal adjustments. Should inflation remain subdued, the Federal Reserve’s choice to hold rates steady hinges on multiple considerations, including its economic forecasts and dual mandate of price stability and full employment. Presently, the Fed has upheld its benchmark rate but hinted at potential reductions by 2025’s conclusion.

CME’s Fedwatch tool indicates a 79.1% probability that the U.S. central bank will leave the federal funds rate untouched in May. President Trump’s recent action to suspend some tariffs has spurred notable market gains. The European Union has elected to pause tariffs on U.S. products for 90 days and intends to engage in talks with the U.S. leader. Bitcoin remains confined to a narrow band, drifting just beneath the $82,000 threshold, while gold’s value has soared to $3,134 per ounce.

US Inflation Rate Plummets to 2.4% Amid Tariff Pause—What’s Next for Markets?

BTC/USD at 9:51 a.m. ET on April 10, 2025.

Stocks plummeted on Thursday following a historic rally on Wall Street that peaked on Wednesday afternoon. The Nasdaq opened down 483 points, the Dow Jones Industrial Average slid 750 points, and the S&P 500 slumped by 119 points fifteen minutes following the market’s opening on Thursday morning. Amid market volatility, the White House insists “inflation is down, jobs are up, and the Golden Age of America is underway.” By 9:45 a.m., bitcoin ( BTC) was struggling near the $81,000 range, following alongside the stock dump.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Gate:注册解锁$6666
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink