Moody's Chief Economist: Inflation data will be "ugly" by this summer.

On April 11, Moody’s chief economist Mark Zandi stated: “I expect inflation data to look bad in May—then in June and July.” Given Trump’s tariff agenda and the resulting trade war, consumer prices are expected to rise significantly this summer. Additionally, Capital Economics expects the consumer price index (CPI) to peak at around 4% in 2025, up from 2.4% in March. This peak is roughly twice the long-term target of The Federal Reserve (FED). (Jin10)

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