No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 5, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Federal Reserve rate cuts: Tariff extension signals tough road ahead in US-China talks: Peter Cardillo

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
Federal Reserve rate cuts: Tariff extension signals tough road ahead in US-China talks: Peter Cardillo
Share on FacebookShare on TwitterShare on LInkedIn


“Obviously, the markets are beginning to realise that every time Trump blinks or changes his mind, it just adds another big question mark. As for today’s market, I don’t think this move will have much impact. The major focus will be on the inflation data,” says Peter Cardillo, Spartan Capital Securities.

What do you make of the latest announcement from Trump, where he has extended the deadline to impose additional tariffs on China by 90 days? What does this mean for other economies, especially India, where additional tariffs have been levied?Peter Cardillo: Well, it basically puts everything back on hold. It gives the markets more time to assess what may or may not happen with China and India as well. It’s Trump flipping again, which indicates that China is a tough negotiator. In one respect, that’s good news. In another, it’s not—because we still don’t know how this is going to end. Obviously, the markets are beginning to realise that every time Trump blinks or changes his mind, it just adds another big question mark. As for today’s market, I don’t think this move will have much impact. The major focus will be on the inflation data.

You just mentioned that the major focus will be on the inflation data due later today for the US markets. Earlier, you said that even a baseline tariff of 10–15% would be inflationary for the US. But now, tariffs—nearly 40% in some cases—have come into play. How do you see all this panning out, especially for the US consumer, who will ultimately pay more if higher import duties are imposed?Peter Cardillo: Absolutely. Even if you get a baseline inflation impact of 10%, and so far, it has been around 15%, let’s assume the average will be somewhere between 10% and 15%—it’s still inflationary. It’s not going to send inflation through the roof, but it will keep it elevated. And once again, we’re going to see that in today’s numbers. We’re expecting headline inflation to rise by 0.3%, and the key will be core inflation, which we also expect to increase by 0.3%. On a yearly basis, it’s very possible that core inflation could tick back up to 3%. That would confirm that tariffs are keeping inflation elevated and that the American consumer is the one paying the price.

Live Events

Since we’re talking about inflation, in this backdrop, what are you expecting from the Federal Reserve’s meeting in September? There are hopes that the Fed could cut rates—possibly twice—for the rest of this calendar year. What’s your estimate?Peter Cardillo: We will get rate cuts—there’s no doubt about that. The economy has slowed, and it’s slowing rather quickly, as we saw with the employment numbers. Of course, it’s not a good combination to see the economy slow while inflation rises—that’s a sign of stagflation. But they will act. I think we’ll get some insight into this at the Jackson Hole meeting on August 21–23. If the September labour market data comes in much weaker—or shows negative jobs growth—the Fed may be forced to cut by 50 basis points in one go, instead of two 25-basis-point cuts. That could be enough for the rest of the year. However, there’s another issue: do the markets really trust the macro data?



Source link

Tags: AheadCardillocutsextensionfederalPeterrateReserveroadSignalstalksTarifftoughUSChina
ShareTweetShare
Previous Post

Militarizing The Capital | Armstrong Economics

Next Post

A New RWA Project Launches Platform to Challenge VC Dominance in Crypto Startup Funding

Related Posts

edit post
Bulls piling into emerging markets as momentum returns

Bulls piling into emerging markets as momentum returns

by TheAdviserMagazine
October 5, 2025
0

Emerging market assets look set to cap a banner year, with investors expecting inflows into equities and bonds to gain...

edit post
Dollar vs yen: Surprise in Japan’s leadership race to roil financial markets

Dollar vs yen: Surprise in Japan’s leadership race to roil financial markets

by TheAdviserMagazine
October 5, 2025
0

An unexpected result in Japan’s leadership contest over the weekend is poised to ripple through global financial markets with the...

edit post
Firefly Aerospace strengthens portfolio with 5 million deal for national security tech firm SciTec

Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec

by TheAdviserMagazine
October 5, 2025
0

(Reuters) -Space tech firm Firefly Aerospace will acquire national security technology company SciTec for about $855 million. The deal, which...

edit post
Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’

Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’

by TheAdviserMagazine
October 5, 2025
0

It might have looked like a heavyweight matchup, but Swift’s devoted fanbase once again proved unstoppable with her film “The Official Release...

edit post
Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

by TheAdviserMagazine
October 5, 2025
0

Former Treasury Secretary Larry Summers said Ford CEO Jim Farley’s idea of the “essential economy” is a good concept as...

edit post
I went to a day trading meetup and spoke to people with dreams of getting good enough to quit their 9-to-5

I went to a day trading meetup and spoke to people with dreams of getting good enough to quit their 9-to-5

by TheAdviserMagazine
October 5, 2025
0

The day trader persona on social media looks something like this: A man with a sporty vibe and the swagger...

Next Post
edit post
A New RWA Project Launches Platform to Challenge VC Dominance in Crypto Startup Funding

A New RWA Project Launches Platform to Challenge VC Dominance in Crypto Startup Funding

edit post
Cadence Design Systems – CDNS: Der Zulieferer für die Halbleiterindustrie ist ein Watchlist-Kandidat!

Cadence Design Systems – CDNS: Der Zulieferer für die Halbleiterindustrie ist ein Watchlist-Kandidat!

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’

Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’

0
edit post
The 15 Worst and 10 Best Cities for Young Americans With Credit Card Debt

The 15 Worst and 10 Best Cities for Young Americans With Credit Card Debt

0
edit post
Retirees, Get Ready for This Unpleasant Medicare Surprise in 2026

Retirees, Get Ready for This Unpleasant Medicare Surprise in 2026

0
edit post
Interview: Alex Pollock on the Fed and Gold, Part I

Interview: Alex Pollock on the Fed and Gold, Part I

0
edit post
Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks

Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks

0
edit post
Why Your Routine Health Check Might Be Missing These Early Warning Signals

Why Your Routine Health Check Might Be Missing These Early Warning Signals

0
edit post
Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks

Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks

October 5, 2025
edit post
Bulls piling into emerging markets as momentum returns

Bulls piling into emerging markets as momentum returns

October 5, 2025
edit post
Dollar vs yen: Surprise in Japan’s leadership race to roil financial markets

Dollar vs yen: Surprise in Japan’s leadership race to roil financial markets

October 5, 2025
edit post
Firefly Aerospace strengthens portfolio with 5 million deal for national security tech firm SciTec

Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec

October 5, 2025
edit post
Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’

Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’

October 5, 2025
edit post
Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’

October 5, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Stablecoin-Focused GENIUS Act Is Beginning of the End for Banks
  • Bulls piling into emerging markets as momentum returns
  • Dollar vs yen: Surprise in Japan’s leadership race to roil financial markets
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.