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CICC: The US CPI is likely to remain in the 2.5%-3% range this year, relieving the Fed's worries about cutting interest rates

2024-09-10 11:50
Odaily News CICC's asset class inflation forecast model shows that as long as there is no black swan event, the US CPI inflation will most likely remain in the 2.5%-3% range this year, and PCE will remain in the 2%-2.5% range. The risk of secondary inflation in the second half of the year is relatively low, which will relieve the Fed's worries about cutting interest rates. (Jinshi)