Economist: Trump needs to resolve the Strait issue as soon as possible to reassure the Fed

Odaily Planet Daily News Brian Jacobsen, chief economist at Annex Wealth Management, said that while the inflation data met expectations, this does not mean it is a good report. He added that the overall inflation data does not yet show much evidence that the rise in energy commodities is seeping into core prices. Whether it is through military force or a ceasefire, the clock is ticking loudly to open the Strait of Hormuz. The Fed will not speculate on when this will happen, so U.S. President Donald Trump needs to offer them certainty before the Fed meets. (Jinshi Data)