Pulais: The tariff effect will continue to push up U.S. inflation in the second half of the year, becoming a dominant force in the market

Prysm pointed out that despite the rising optimism in the market regarding the economic outlook, high tariffs will continue to push up inflation in the United States, becoming a dominant force in the market. Small businesses will be affected, and the inflation outlook faces multiple pressures. Although the unemployment rate is unlikely to rise significantly, the labor market's buffering capacity is weak. Prysm expects that a recession is unlikely to occur, but inflation risks still exist, and inflation-resistant assets may benefit. The Federal Reserve may cut interest rates this year, but inflation pressures could limit the extent of the rate cuts