TechFlow news, April 11 — According to Jinshi Data, Mark Zandi, chief economist at Moody's, said: "I expect inflation data to look ugly by May—and then in June and July."
Given Trump's tariff agenda and the resulting trade war, consumer prices are expected to rise significantly this summer.
In addition, Capital Economics forecasts that the Consumer Price Index (CPI) will peak at around 4% in 2025, up from 2.4% in March. This peak would be roughly double the Federal Reserve's long-term target.
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