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Peter Cardillo: U.S. inflation data has not accelerated, but is significantly affected by the war
By: rootdata|2026/03/11 21:43:43
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According to Jinshi News, Peter Cardillo, Chief Market Economist at Spartan Capital Securities in New York, stated that the U.S. CPI data has not accelerated yet. From a year-on-year perspective, the level of 2.4% is not far from the Federal Reserve's 2% target, which is somewhat of a relief. However, this data still depends on the progress of the war. If the war lasts for a long time and oil prices remain at current levels or rise further, we may see higher inflation in the coming months.
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