Agency: Neither the U.S. labor market nor the real estate market is overheated, which will help ease inflation

Odaily News BeiChen Lin, senior investment strategist at Russell Investments, said in a report that neither the U.S. labor market nor the housing market appears to be overheated. "This combination should help moderate inflation over time, but progress in fighting inflation may still be somewhat bumpy." He said that although recent surveys have shown that consumers' concerns about inflation have increased, it is encouraging that 5Y5Y inflation expectations (a market-based medium-term inflation measure) remain fairly close to 2%. According to a WSJ survey of analysts, before the release of February CPI data on Wednesday, the data is expected to show a slowdown in both overall and core readings. (Jinshi)