Economist: U.S. inflation data has not accelerated yet but will be affected by the war

CycleProphet · 2026-03-11T13:34:53+00:00

U.S. CPI data shows that inflation has not accelerated, with 2.4% close to the Federal Reserve's 2% target. Economists consider this good news. However, if the war continues and oil prices rise, inflation may increase in the future.

CycleProphet

2026-03-11 13:34:53

Abstract generation in progress

Deep Tide TechFlow News, March 11 — Peter Cardillo, Chief Market Economist at Spartan Capital Securities in New York, commented on U.S. CPI data, saying that in a sense, it’s good news because we haven’t seen inflation accelerate. In fact, on a year-over-year basis, the 2.4% level is not far from the Federal Reserve’s 2% target. Therefore, I think this is a form of relief. Of course, these data still depend on the progress of the war. If the war continues for a longer period and oil prices stay at current levels or rise further, we may see higher inflation in the coming months. (Jin10)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes