US CPI Outlook: JPMorgan raises future inflation expectations

BlockBeats News: On July 15th, Trump recently intensified his trade rhetoric, exacerbating uncertainty about the future inflation trajectory of the Federal Reserve's policy. JPMorgan Global Research has revised its economic forecast and currently expects the US GDP growth rate to be 1.3% in 2025 (down 0.2% from previous expectations), PCE inflation to be 2.7% (up 0.2% from previous expectations), and core PCE inflation to be 3.1% (up 0.3% from previous expectations). (Golden Ten)