[Core Inflation in the U.S. Eases, Alleviating Recent Fed Concerns] According to a report by Jinse Finance, on June 10, U.S. CPI data for May showed inflation soaring to a three-year high, but the moderate rise in core prices has alleviated Wall Street's concerns about rate hikes. Today's CPI data and tomorrow's PPI index are expected to influence the Federal Reserve's policy stance, which will be announced at the Fed meeting chaired for the first time by Walsh in a week. According to CME FedWatch, prior to the release of the CPI inflation data, the market had already estimated a 70% probability of a rate hike by the Fed by the end of 2026. However, the market believes it is almost impossible for the Fed to raise rates at next week's meeting, with only a 13% probability of a rate hike at the July meeting. In the short term, the focus is on whether the Fed will explicitly shift from a dovish stance to a neutral or hawkish stance at the upcoming meeting. This week's CPI and PPI inflation data, along with progress in U.S.-Iran negotiations, could influence the balance between neutrality and tightening.