CITIC Securities: US CPI in March expected to rise due to higher oil prices
ChainCatcher News, according to Golden Ten Data, a research report from CITIC Securities stated that the US February CPI fully met expectations, and core inflation showed a moderate performance. It is expected that in March and April, due to rising oil prices and compensatory increases in rental inflation, the year-on-year growth rate of US CPI will rise, and then fluctuate around 3%. The Federal Reserve does not need to overreact to oil price fluctuations, the US dollar may remain relatively strong and volatile in the near term, and the ten-year US Treasury yield lacks sufficient room for decline.
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