The Ripple Effect of Trump’s Tariff Policy

Highlights

  • President Trump has imposed a 10% global tariff on all US imports
  • Countries have the option to negotiate lower tariffs
  • The tariffs are expected to increase US inflation, adding uncertainty to Federal Reserve rate cut decisions and contributing to concerns over stagflation
  • Fixed Income Market

Global Updates

  • US: Inflation Trends, Employment Growth, Fed Policy, and New Tariff Measures
  • Europe: Inflation Eases, Bank of England Holds Rates, and Economic Contraction in January.
  • China : CPI Decline, Relatively Strong Retail and Industrial Growth

Domestic Updates

  • Lower FX reserves due to debt payments
  • Extending the surplus
  • Higher Inflation
  • BI maintains its benchmark rate

 

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