Golden Ten Data, November 15th, China CITIC Securities research report stated that the US October CPI growth rate is generally in line with expectations, most of the sub-item readings are moderate, commodity prices are stable, and service inflation still has stickiness, increasing the possibility of a rate cut by the Federal Reserve in December. After Trump's election victory, the prospect of commodity inflation in the United States is worth paying attention to. We expect that it will be difficult for the overall CPI year-on-year decline in the remaining two months of this year in the United States, and considering the progressive impact of Trump's planned tariff increases and the expulsion of immigrants, the year-on-year growth rate of the overall CPI in the United States may be around 2.6% next year.
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Citigroup: Next year, the overall CPI growth rate in the United States may be around 2.6%.
Golden Ten Data, November 15th, China CITIC Securities research report stated that the US October CPI growth rate is generally in line with expectations, most of the sub-item readings are moderate, commodity prices are stable, and service inflation still has stickiness, increasing the possibility of a rate cut by the Federal Reserve in December. After Trump's election victory, the prospect of commodity inflation in the United States is worth paying attention to. We expect that it will be difficult for the overall CPI year-on-year decline in the remaining two months of this year in the United States, and considering the progressive impact of Trump's planned tariff increases and the expulsion of immigrants, the year-on-year growth rate of the overall CPI in the United States may be around 2.6% next year.