Asian Stocks Wobble As US Inflation Fails To Ease Trade Worries

Odds are that these tariffs and others that the Trump administration recently implemented will begin to lift US consumer prices over the next few months,

Sweet said

We still have spending even though it's slowing down, we still have a strong labor market,

North not-ed

This level of uncertainty is, you might say, trailblazing,

he told Agence France-Presse (AFP).

I expect to see more risks going forward, particularly with the tariffs and the uncertainty around them,

said economist Dan North of Allianz Trade North America

In short, progress on inflation has started off 2025 on the wrong foot,

Bank of America economist Stephen Juneau said in a note

Ultimately, tariffs are an inflationary economic tool and will raise prices for consumers,

said Lindsay James, investment strategist at Quilter Investors

Sticky service inflation and rents ... in conjunction with slowing growth do not bode well for the economy or the number of rate cuts the Fed wants to make this year,

said Joseph Brusuelas, chief economist at RSM US

Trade wars are expected to raise prices in future inflation reports,

said Chris Low, chief economist at FHN Financial

The data are further evidence that inflation has stalled, reinforcing our view that the Fed will remain on hold this year,

Juneau wrote

Jamie DimoncEO

Uncertainty is not a good thing” for companies

Jamie Dimon of JPMorgan Chase said on Wednesday

The Trump-Vance F.T.C. will never back down from taking on Big Tech,

Andrew Ferguson, the regulator’s chair, told CNBC on Wednesday in a discussion about the Amazon Prime proceedings

President Trump should focus on lowering costs for families like he promised, instead of causing chaos,

she said in a statement

This is something that a lot of companies say is going to offset the cost, but it's clearly going to be selective,

Lovely said, so the degree to which it will impact the broader economy is unclear

Things just look very haphazard to the markets, and they're voting with their feet,

Lachman said

A lot of people talk about the 'tax cuts,' but in fact, most of them are extensions,

Lovely said

You saw that most clearly with the import tariffs,

Lachman said

Current consumer reactions are pretty natural responses to uncertainty about the economy,

Renter wrote

We've begun seeing the impact of potential economic policies make their way into the data,

she told VOA via email

They're looking all over the place for places. … And also, very importantly, the tariffs are — they don't want to pay 25% or whatever it may be, it may go up higher,

the president said

Markets, they're going to go up, they're going to go down, but you know what? We have to rebuild our country,

Trump said