Bijie Network news: BofA Securities analysts expect the U.S. overall CPI in June to fall 0.09% month-over-month, mainly driven by a drop in gasoline prices. Core CPI is expected to rise 0.28% month-over-month and 2.9% year-over-year. Demand related to the World Cup has boosted services-sector inflation, and core PCE is expected to be slightly higher than CPI. The forecast reveals differentiated features of the inflation structure: the retreat in energy prices suppresses overall prices, but the stickiness of services-sector inflation still provides key support. The resilience of core inflation suggests there is resistance in the process of prices falling, and the Federal Reserve maintains a prudent stance as it makes policy-shift decisions. This outlook reinforces the market’s view that the path of inflation falling is likely to be uneven, limiting the excessive build-up of near-term rate-cut expectations.

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MarginMom
· 27m ago
Energy prices down, service prices up—classic ebb and flow; the path back to easing inflation is indeed winding.
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MevInRetrospect
· 4h ago
Can the World Cup also push inflation? Service-sector stickiness is indeed hard to deal with, and falling energy prices can’t offset it.
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PixelMetaverseRaccoon
· 4h ago
Overall CPI turns negative, and it feels satisfying—if the core items haven’t eased, the policy room is still constrained.
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OldKeys,NewWorld
· 4h ago
Gasoline prices are falling, while services are rising—this kind of divergence is being played skillfully. The Federal Reserve will likely need to wait a bit longer.
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GateUser-673fb6fa
· 4h ago
Core CPI 2.9% year over year; it still has some distance from the 2% target—pause rate-cut expectations for now.
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