Wall Street has closed with purchases this Friday (Dow Jones: +0.65%; S&P 500: +0.59%; Nasdaq: +0.44%) Despite the latest tariff threats of Donald Trump. Investors have been more pending than PCE inflation datakey to the monetary policy of the Federal Reserve (Fed)that of the new rates announced by the president of the United States. Especially after yesterday the GDP of the second quarter exceed the forecasts of consensus, and that Weekly unemployment data They were also good, what question the market forecast of more type cuts of interest on the part of the Fed before the end of the year. In this sense, the market had reduced until 60% from the previous 80% The probability that the Central Bank will reduce interest in October and December, but after knowing the deflator PCE has once again raised the possibilities to 89%. And is that the Inflation data It has been in line with the expected. Thus, in August the general rate A tenth has risen, to the 2.7% interannual, while the underlying variable has remained stable at 2.9%. «Despite another month of high inflation, the PCE report remained in line with the general trend. This gives investors certain reliefsince the current status quo will remain intact and the Fed will continue to cut the types twice more this year, «Valo Bret Kenwell, Etoro Market Analyst in the USA.»The inflation objective of 2% of the Fed seems to be a lower priority at this time. Instead, the Committee is trying to restore the balance between the weakening of the labor market and the increase in inflation, in the hope of finding a balance between both aspects of its double mandate. If the increase in inflation is moderated and employment data consolidates, the Fed can focus again on its ideal results. But For now, the Committee only needs to avoid a disaster«, adds this expert. In this scenario, the analysts of Link Securities They claim that «it does not seem necessary that the US Central Bank ‘Machine the machine’ and lower its official rates expeditiously «, despite the pressures of the Trump administration.» need to emphasize expectations of declines of typesalthough it can have a negative impact on the short -term markets, it is produced by a greater strength of the expected of the US economy, «they add. Therefore, they believe that, in the long term,» they will end by positively impact the behavior of the bagssince, a stronger economy implies better expectations of results for contributed companies. » weekly computation American indexes have ended a bearish week in which the Dow Jones 0.15%has been left, while the S&P 500 and the Nasdaq They have lost 0.32% and 0.65%, respectively.
Trump imposes tariffs
In other outstanding news, Donald Trump He has continued to be the protagonist after announcing a battery of tariffs that includes the 100% for medications, 25% for trucks and 50% for kitchen and bathroom furniture and other related products. All these measures will come into force, as he has advanced, next October 1. Although drug tariffs had been anticipated by Trump a few months ago, the fact that 100% ascend has surprised the market.
Agreement on Tiktok in the US
Another information on the day has been that Tiktok will change hands in USAgiven that Trump This Thursday signed an executive order for the company to be controlled by American investors. The agreement values the American business of Tiktok, which has 170 million users In the US, in 14,000 million dollars; and American shareholders will control the 80% of the capitalalthough its identity has not yet been revealed.
Other markets
In other markets, oil Brent has risen 0.7% ($ 69.92), the euro 0.28% ($ 1,1698) and the ounce of gold has bouncing 0.82% ($ 3,801). For its part, the profitability of the 10 -year -old bonus It has revalued 4,187%, and the Bitcoin has yielded 0.4% ($ 109,150).
