According to Odaily, a forecast model by China International Capital Corporation (CICC) indicates that, barring any black swan events, the US Consumer Price Index (CPI) inflation is likely to stay within the 2.5%-3% range this year. Additionally, the Personal Consumption Expenditures (PCE) inflation is expected to remain between 2%-2.5%. The risk of a secondary inflation surge in the latter half of the year is considered low, which alleviates concerns for the Federal Reserve regarding potential interest rate cuts.