Kashkari from the Federal Reserve: In last week's dot plot projections, nearly half of officials anticipated at least one more rate hike this year.

According to Odaily, Federal Reserve official Kashkari stated: “I am concerned about inflation. This is not just related to the Middle East situation, but reflects broader signs of inflationary pressures in the economy.” The Iran war has pushed up oil prices, and price increases have also occurred across many categories. This has intensified concerns among some Federal Reserve officials, who believe inflation is more widespread and persistent, potentially requiring stronger action from the central bank. A report released earlier this week showed that the annual PCE rate in May recorded 4.1%, the largest increase since April 2023. Prices have exceeded the Federal Reserve’s 2% target for more than five years. In last week’s dot plot forecast released by the Federal Reserve, half of the officials providing forecasts expected at least one interest rate hike this year. (Golden Ten Data APP)