Strategist: Fed's War on Inflation Nears End, Tariff-Driven Inflation Expected to Gradually Subside in Second Half

Odaily News According to a report by BeiChen Lin, Senior Investment Strategist at Russell Investments, although victory is not yet complete, the finish line for the Federal Reserve's battle against inflation seems to be coming into view. He pointed out that the labor market is moving towards balance, which helps suppress service sector inflation; furthermore, by the second half of this year, the inflationary push from tariffs is expected to gradually subside. Additionally, activity in the U.S. real estate market remains sluggish, which will also help control inflationary pressures. Lin believes that even if the U.S. economy may maintain trend growth this year, or even slightly above trend levels, inflation is still expected to remain benign and controllable this year and next. (Jin10)