Chuck Mikolajczak

NEW YORK (Reuters) - The latest round of economic data shows a rebound in import prices, and this figure rebounds on import prices as tariff concerns jump, while consumer sentiment remains soft, which has led it to move forward for the fourth consecutive week while consumer sentiment remains softened.

The Labor Department said import prices fell by 0.4% last month in March as capital goods cost more than cheaper energy prices. Economists who voted by Reuters predicted import prices, excluding tariffs, would fall by 0.4%.

The dollar's consumer sentiment index fell to 50.8 this month, below the 53.4 estimate, and the dollar began to strengthen from the final reading of April's 52.2 estimate. In addition, consumers' 12-month inflation expectations are as high as 7.3%, the highest since November 1981, starting at 6.5%.

Green started on Monday after the U.S. and China announced a 90-day pause in most tariffs imposed on each other’s goods since early April, green began this week, growing more than 1% on Monday, alleviating concerns about a global recession, but trends fell throughout the week, partly due to wet economic data.

"All of this data has all of this data, but the headlines are taking over," said Juan Perez, director of trade at Monex USA, Washington.

“The problem with (trade) developments is that they happen much faster, and the never-ending lack of guidance for the future continues. At the same time, the data we are looking at doesn’t really reflect all the anxiety we’ve really experienced.”

The U.S. dollar index measures the green index for a basket of currencies rose 0.36% to 101.13, while the euro fell 0.37% to $1.1146. Greenbacks grew about 0.7% in the week, which would mark its biggest weekly gain in about 2-1/2 months, while the euro fell 0.9% in the week and the biggest drop in weekly declines since early February is expected.

Greenguard has still dropped nearly 3% since President Donald Trump announced tariffs on countries around the world on April 2.

"The idea that trade has not escaped turmoil continues to affect the long-term beliefs of the dollar," Perez said.

LSEG data shows that markets have set aside expectations for a lowered Fed this year due to signs of easing trade tensions, with the chance of cutting at least 25 basis points (BPS) for the first time at the central bank meeting in September. The previous view was that layoffs could be made in July.