The Middle East conflict affects the Federal Reserve's interest rate hike expectations, and inflation forecasts are broadly revised upward

According to Jinshi reports, foreign media analysis points out that nearly half of the Federal Reserve decision-makers no longer believe that merely maintaining stable borrowing costs can drive the inflation rate back to the target level of 2%. The latest dot plot from the Federal Reserve shows that decision-makers' views on the interest rate path have shifted towards concerns about rate hikes, with some individuals convinced that the Federal Reserve will need to raise rates. Predictions indicate that the year-on-year increase in the PCE price index is expected to reach 3.6% by the end of the year, the core PCE price index will reach 3.3%, and the unemployment rate will remain at 4.3%.