Economists expect the CPI to increase by 2.7% year-on-year in December

BeiChen Lin, senior investment strategist at Russell Investments, said that the U.S. labor market is relatively balanced and the real estate market is weak, and the upside space for inflation may be limited. Although the economy is expected to accelerate in 2026, driven by fiscal and artificial intelligence, inflation will be controllable in the short term. Over time, inflationary pressures from tariffs will weaken. A Wall Street Journal survey showed that economists expect the CPI to increase by 2.7% year-on-year in December, the same as in November.