CICC: U.S. inflation may see an upward turning point in the next 1-2 months

ChainCatcher news, according to Jin10 data reports, China International Capital Corporation has found that tariffs have actually led to a partial rebound in U.S. inflation, but the flaws in seasonal adjustment methods have underestimated inflation by nearly 20 basis points over the past two months, and the CPI readings have not yet reflected the true situation of the inflation rebound.

It is predicted that the month-on-month CPI may confirm an upward turning point in the next 1 to 2 months, with the earliest verification on August 12. The year-on-year CPI upward cycle may last for about a year, and the increase in inflation can be estimated using the input-output table. The U.S. inflation has entered an upward cycle, which may disrupt the Federal Reserve's interest rate cut rhythm and bring new variables to global assets.