Today I returned late and forgot to check the CPI data. From the released data, the overall situation of inflation is still good. The annual and monthly rates of broad inflation meet expectations. Although the monthly rate of inflation is slightly higher than the previous value, it is within expectations, so it is not a big issue, mainly due to the rise in energy prices.

However, energy and food are not included in core inflation, so we can see that the annual rate of core inflation equals the previous value and meets expectations. The monthly rate of core inflation equals expectations and is lower than the previous value, which is helpful for the Federal Reserve's interest rate cuts, at least inflation has not continued to worsen.

The rate of wage growth has slightly decreased, let's see how it goes for now. The impact is not significant for the moment.

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