According to a research report released by Bank of America on Friday, for the United States, the bank has lowered its growth forecast for this year by 50 basis points to 2.3%, with the direct impact of the war accounting for about three-quarters of the downward revision. The upward revision to overall inflation is 70 basis points, and it is now expected that core PCE will be 30 basis points higher than the previous forecast by the end of 2026, reaching 3.1%. For the Eurozone, the bank has lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%. (Jin10)