Tariff concerns dominate inflation sentiment, and the impact of fiscal bills on consumers is not yet apparent

According to BlockBeats, on May 30th, data showed that US inflation expectations for the next year rose slightly to 6.6%, the smallest increase since the election, ending a four month long sharp jump in short-term expectations. It is worth noting that the long-term inflation expectation (the final value of the US inflation rate expectation for the five to ten year period from May) fell to 4.2% in May, marking the first decline since December 2024 and ending an unprecedented four month rise. Given that consumers generally expect tariffs to be transmitted to consumer prices, it is not surprising that trade policies affect their economic views. In contrast, although the tax and spending bill being pushed forward by Congress has dominated many headlines, it seems that the bill has not yet significantly affected consumer sentiment. (Golden Ten)