Odaily Planet Daily reports that senior investment strategist BeiChen Lin of Rusu Investment stated in a report that although victory has not yet been fully achieved, the Federal Reserve’s fight against inflation seems to be approaching a turning point. He pointed out that the labor market is becoming more balanced, which helps to suppress service sector inflation; and by the second half of this year, the inflationary push from tariffs is expected to gradually diminish. Additionally, activity in the U.S. real estate market remains sluggish, which will also help to contain inflationary pressures. Lin believes that even if the U.S. economy maintains a trend of growth this year, or even slightly above trend levels, inflation is still expected to remain benign and controllable this year and next. (Jin10)
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