Quotes
Trends that would suggest a cold economy and hot inflation are still in the early stages, but uncertainty remains high,
according to Phil Segner, senior research analyst at Leuthold
The package is a game changer,
AXA's chief economist Gilles Moec said
We've seen a sea change in perception in the almost two months since President Trump was inaugurated,
Bill Clinton's Treasury Secretary Larry Summers posted on X, ... adding electionThey're harming a great American company,
Trump said at the White House, referring to the demonstrators, alongside Musk who was wearing a black "Make America Great Again" baseball capUncertainty remains in the air as the outlook for consumer price inflation remains blurred by trade policy developments,
TD Securities analysts wrote in a client noteLet's be clear, this isn't a free pass to rally unchallenged. The real question now is how far Trump is willing to push on tariffs and government cuts,
he wrote in a commentary
With April 2's reciprocal tariff D-Day looming, traders would be foolish to dismiss his resolve to rewrite global trade,
he added, referring to another round of levies due to come into effectWe deeply regret this measure,
European Union President Ursula von der Leyen said
The inflation data are a bright spot in the Federal Reserve's battle against rising prices. They reinforce the expectation of three rate cuts later in 2025,
said Jochen Stanzl, chief market analyst at CMC Markets
Investors are increasingly looking overseas as concerns mount over US stock valuations, monetary policy, and economic uncertainty,
said Charu Chanana, chief investment strategist at Saxo
This... still strikes me as a market that simply cannot hold onto any gains at the moment, which should be a big old red flag for any potential dip buyers out there,
said Michael Brown, senior research strategist at Pepperstone
Markets are still being driven by Trump tariffs and U.S. growth concerns,
said Mohit Kumar, chief European economist at JefferiesSentiment on Wall Street is so negative that these positive inflation figures could spark a broader recovery in stock prices,
he addedBeyond the growth and inflation impact of tariffs, they create uncertainty which is negative for investment and outlook for any company involved in cross-border trades,
he saidIf the spike in February inflation expectations sticks, the Fed could delay rate cuts through the middle of next year, rather than resuming them later this year,
he wrote on MondayWhatever they charge us, we're charging them,
Trump said
Today's inflation report is obviously good news but it's also backward-looking and doesn't tell us anything about where we're headed from here and what the inflationary impact of all these tariffs might be,
said Jim Baird, chief investment officer at Plante Moran Financial Advisors
The hard part is the uncertainty around tariffs,
said BairdThis is the last reading not impacted by tariff distortions, so to some extent the market's a little bit hesitant to over-react to a better print,
said Gennadiy Goldberg, head of US rates strategy at TD Securities in New YorkInvestors are more concerned with the uncertain forward outlook for inflation and growth as tariffs take effect,
wrote Kevin Brocks, director of 22V Research