CITIC Securities: Expect US CPI in March to rise due to increasing oil prices

Mars Finance reports that CITIC Securities research note states that the U.S. February CPI fully met expectations, with core inflation showing moderate performance. It is expected that in March and April, due to rising oil prices and compensatory rent inflation, the year-over-year growth rate of U.S. CPI will increase, then fluctuate around 3%. The Federal Reserve does not need to overreact to oil price fluctuations, and the U.S. dollar may remain relatively strong in the near term, while the 10-year U.S. Treasury yield lacks sufficient downward room.

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