Glenmede’s head of investment strategy and research, Jason Pride, said U.S. inflation pressures were expected to remain concentrated in food and energy, while core CPI month-on-month growth was likely to slow.
According to Jin10, Pride said the key question was whether this pattern would begin to shift, particularly if Middle East-related energy price volatility persisted.
He said any signs that price pressures were spreading more broadly would further reinforce the Federal Reserve’s cautious policy stance. By contrast, a mild report in line with expectations would support the view that current inflation pressures were temporary and supply-driven rather than demand-driven.
U.S. Inflation Pressures May Stay Concentrated in Food and Energy, Glenmede Says
2026-06-10 11:31:14
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