As the United States gradually increases import tariffs, inflationary pressure re-emerges, creating unrest in the market. Former President Trump has recently pressured the Federal Reserve (Fed) to lower interest rates to address the growing economic obstacles. Meanwhile, the 30-year U.S. Treasury yield has once again surpassed the 5% warning line, raising concerns among market participants.

The CEO of J.P. Morgan has issued a warning, suggesting that the current economic conditions may signal an impending crisis. In this context, Deutsche Bank has also indicated that the dollar and U.S. bond markets may face a collapse risk.

Recent economic data shows a decrease in consumer spending and a pessimistic outlook from businesses in light of rising costs. These factors may further amplify market volatility.

Economists warn that if inflation continues to rise and the U.S. monetary policy fails to adjust accordingly, it could lead to more significant economic turmoil. However, some analysts believe that a rate cut could stimulate short-term market recovery, though it may result in a more severe inflationary scenario in the long run, creating a vicious cycle.

Furthermore, market participants are concerned that the government may introduce additional tax policies to address the escalating public debt. The changes in these policies may intensify in line with the upcoming elections, further impacting market confidence. In the coming months, investors will closely monitor the Federal Reserve's policy direction and the changes in economic data.