Castle Securities: expect US inflation to soar to 4.5%
Durham Abric, head of US inflation at Castle Securities, says US inflation threatens to soar and hold steady if US tariff levels remain unchanged from President Trump's announcement. Admittedly, one would imagine that tariffs will be held down through negotiations, but the year-on-year rise in US core CPI could still reach 4.5 per cent.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan CEO: An economic recession with credit implications is coming
Bitmine acquired an additional 20,205 ETH this morning, worth $69.89 million.
Kamino announces an increase of $10 million in PT-eUSX deposit capacity
Data: Wall Street rebound boosts Japanese stocks, Nikkei 225 Index rises 2%