U.S. CPI Outlook: JPMorgan Raises Future Inflation Expectations

ChainCatcher news, according to Jinshi reports, Trump has recently intensified his trade rhetoric, increasing the uncertainty of future inflation on the Federal Reserve's policy trajectory.

JPMorgan's global research has revised its economic forecast, now expecting: the U.S. GDP growth rate in 2025 to be 1.3% (down 0.2% from previous expectations), PCE price inflation to be 2.7% (up 0.2% from previous expectations), and core PCE price inflation to be 3.1% (up 0.3% from previous expectations).