Federal Reserve Messenger: Recent economic data mixed

Golden Finance reports, "Federal Reserve Messenger" Nick Timiraos: The Trump administration has introduced a series of policies that have made it more difficult to predict economic growth and inflation. Measures to relax regulations and lower energy prices may promote economic growth and continue to cool inflation. The recent economic data paints a mixed picture. Expenditure has slowed down, but recruitment remains stable, with an unemployment rate of 4.1% in February. Except for food and energy projects, commodity prices have been declining for most months last year, making a meaningful contribution to the slowdown in inflation during the same period, but prices have recently increased. Michael Reid, a senior US analyst at Royal Bank of Canada, said that the Federal Reserve may "find itself in an increasingly difficult situation as there are signs that the job market is slowing down, although many data may not immediately be reflected in the employment report." On the other hand, tariffs could lead to an increase in inflation data for the rest of this year.