😟 Concerns Over Ongoing Tariffs
Despite the cooling inflation, trade tensions are escalating due to new U.S. tariffs on steel and aluminum. These protectionist measures could drive higher production costs, leading to inflationary pressure in the coming months. This creates uncertainty, as the Fed may be forced to delay or reduce the scope of future rate cuts.

The key focus will be on how inflation trends develop and how the Fed reacts in the coming months. 🚀