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Morgan Stanley: US December CPI Report Shows Price Pressure Rebound
Summary: According to Jin10, Morgan Stanley expects the US December CPI report, to be released later today, to show an overall inflation rate of 0.37% monthly and 2.7% annually. The core inflation rate is expected to be 0.36% monthly and 2.8% annually. Morgan Stanley points out that late data collection in November and higher urban inflation ...
According to Jin10, Morgan Stanley expects the US December CPI report, to be released later today, to show an overall inflation rate of 0.37% monthly and 2.7% annually. The core inflation rate is expected to be 0.36% monthly and 2.8% annually. Morgan Stanley points out that late data collection in November and higher urban inflation levels will drive the core inflation rate up by about 11 basis points in December, indicating a clear rebound in price pressure.
