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U.S. CPI Preview: Inflationary pressures remain concentrated in food and energy; energy volatility in the Middle East is key to a shift in the landscape
Svmuu reported that Jason Pride, Head of Investment Strategy and Research at Glenmede, said U.S. inflationary pressures are expected to remain concentrated in the food and energy sectors, with core CPI likely to moderate month-over-month. The key question is whether this pattern will begin to shift, especially if energy price volatility related to the Middle East persists. Any signs of spreading price pressures would further reinforce the Federal Reserve's cautious policy stance; conversely, a moderate report in line with expectations supports the judgment that current inflationary pressures are temporary, supply-driven rather than demand-pull. (Jinshi)
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