According to Mars Finance, on June 12, Zhongjin published an article stating that it is inclined to see a round of price increases in the United States in the next few months. However, unlike the period from 2021 to 2022, this round of price increases is more structural and one-off in nature, rather than being comprehensive inflation. For the Federal Reserve, moderate inflation data is good news, but officials will not make significant decisions based on single-month data. Given that the current labor market remains stable, the Federal Reserve does not need to rush to cut interest rates; officials may prefer to observe a few more sets of data before making a decision. Next week, the Federal Reserve will hold its June policy meeting. Zhongjin believes that compared to the dot plot seen in March when there was no 'reciprocal tariff,' the June FOMC may slightly raise inflation forecasts. However, due to the resilience of non-farm employment and the cooling of tariffs, the Fed's judgment on growth may be more optimistic than in March. As a result, Powell's attitude in this meeting may be hawkish, which may disappoint investors hoping for a rate cut by the Federal Reserve. (Jinshi)