The Federal Reserve (FED) spokesperson: "High-quality" inflation report hides two major concerns, last year's low base effect needs to be cautioned.
Gate News bot, "Federal Reserve Mouthpiece" Nick Timiraos, said that today's "excellent" inflation report needs to pay attention to two potential problems: (1) Analysts expect commodity price increases to accelerate in May (especially June) as the "Liberation Day" tariffs come into effect. (2)**Given that inflation has cooled by mid-2024, the year-on-year base itself is no longer dominant** (Note: The core PCE price index in the United States recorded an annual rate of 2.5% in April, the lowest since March 2021).