PIMCO economist Tiffany Wilding said on the US CPI report the key question is whether current inflation is driven by negative supply shocks or by strong demand. She views headline inflation as more indicative of supply-side pressure, citing Middle East developments and rising gasoline prices. Core inflation, she said, raises additional questions and makes the overall outlook less clear.

2026-06-10

PIMCO economist Tiffany Wilding said on the US CPI report the key question is whether current inflation is driven by negative supply shocks or by strong demand. She views headline inflation as more indicative of supply-side pressure, citing Middle East developments and rising gasoline prices. Core inflation, she said, raises additional questions and makes the overall outlook less clear.