Trump administration official says Wall Street tariff inflation fears like 'waiting for Godot'
1. Inflation data shows July CPI rose slower than expected, calming market fears. 2. Core CPI slightly exceeded forecasts, but overall inflation remains stable. 3. Official claims tariffs are not driving consumer inflation in the near term. 4. Stocks remain unaffected by tariffs, indicating strong corporate resilience. 5. Economic performance aligns with predictions, alleviating immediate inflation concerns.