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

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)