US CPI Outlook: Inflation Roots Far Beyond Oil, Stickiness May Not Quickly Fade According to a report by Golden Finance, on June 10th, the market expects the overall CPI annual rate in the United States in May to rise to 4.2% (previously 2.4%), and the monthly rate to drop to 0.5%. This will be the first time since May 2023 that CPI has exceeded 4%, and also the highest reading since April 2023. The overall increase in inflation is mainly attributed to the rising energy costs caused by the Iran War. But excluding food and energy, the core CPI annual rate is also expected to rise to 2.9%, and the monthly rate will drop to 0.3%. People are increasingly concerned that inflation is spreading: the rise in oil prices is transmitting to various sectors of the economy, and inflation may not dissipate quickly. Sanders, Chief Strategist of ChinaAMC, said, "This is not just an oil issue, but also involves money supply and is increasingly related to AI. The issue of inflation is broader than just energy, which means that inflation may still be sticky. ”She pointed out that investors' emotional tension mainly stems from inflation, and if the data deteriorates beyond expectations, the stock market will be under pressure. The Trump administration believes that inflation will fall after the Middle East conflict subsides. But Sanders believes that the supply has been severely disrupted, "even if the war ends quickly, it will be difficult for oil prices to return to their previous lows. This is not a one click restart