forecast 🔮

Data Focus

• As investors brace for this week’s U.S. inflation data release, some market participants are shifting their outlook on tariffs and the future direction of major asset classes. 
• Regardless of the May Consumer Price Index (CPI) results set to be released Wednesday, equities may continue to rise despite lingering inflation uncertainties, a stark contrast to previous expectations.
• This shift in sentiment is largely due to the slower-than-expected impact of tariffs on final goods prices, which may take another three months to fully show up.