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US consumer prices hardly increased in May. Economists at Commerzbank analyze how the figures could influence the Fed decision due out tomorrow.
At first glance, US inflation is easing significantly. In May, consumer prices rose by only 0.1% month-on-month and 4.0% year-on-year, some five percentage points below the high. But underlying price pressures remain persistent, as evidenced by the core rate remaining high at 5.3%.
While the Fed is unlikely to raise interest rates further tomorrow, it will not cut rates in 2023
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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