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Economists forecast that the US March CPI will increase by 1% month-over-month, and the Federal Reserve may find it difficult to cut interest rates.
Golden Finance News reported that on April 5, economists said the sudden jump in gas prices that U.S. consumers can feel firsthand will be fully reflected in the key inflation data to be released this week. It is expected that the U.S. CPI for March will rise 1% month over month, the largest monthly increase since 2022; core CPI may rise 0.3% month over month. Economists noted that persistent price pressures, along with new inflation risks stemming from the war in the Middle East, may make it difficult for the Federal Reserve to cut interest rates this year. (Jinshi)