凯投宏观：赴美游客减少或有助于美联储对抗通胀

Core Viewpoint - The significant reduction in foreign tourists visiting the U.S. may contribute to lowering inflation, providing a potential relief for the Federal Reserve in its fight against rising prices [1] Group 1: Tourist Trends - The average number of foreign tourists flying into the U.S. has decreased by approximately 4% this year [1] - When including those driving into the U.S., the number of visitors from Canada has dropped by 15% [1] Group 2: Economic Impact - The decline in tourism has unexpectedly resulted in beneficial anti-inflation effects, as evidenced by a 1.3% month-over-month decrease in accommodation inflation in April [1] - Airfare prices have decreased by 7.9%, contributing to an overall reduction in the inflation rate by nearly 0.1 percentage points [1] Group 3: Federal Reserve Context - Amid rising tariffs that are pushing up goods prices, the drop in foreign tourists may serve as a welcomed source of downward pressure on inflation for the Federal Reserve [1]