President Trump's Budget sees real GDP increase of 3.1%, CPI increase of 2.3%, and USD 464bln of tariff revenue collection for FY27, Bloomberg reports

President Trump's budget proposal projects a notable 3.1% increase in real GDP and a 2.3% increase in CPI for FY27, suggesting optimism about economic growth amid inflationary pressures. The anticipated USD 464 billion in tariff revenue indicates a significant fiscal strategy that could impact trade relations and the USD's strength, ultimately influencing market expectations across forex, equities, and commodities.