BlackRock’s insight into current U.S. and international events that affect the economy and financial markets.
Weekly commentary May 27, 2025
• U.S. stocks fell last week over higher bond yields and threats of new U.S. tariffs. We focus on actions over words as economic constraints spur policy rollbacks.
• U.S. PCE inflation this week is unlikely to reflect the full tariff impact, similar to
the April CPI. But we see tariffs and a tight labor market keeping inflation sticky.
