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Analysis: Market Expects US December CPI to Rise 0.3% MoM, Fed to Wait for Clearer Trends if in Line with Expectations
Summary: According to reports, market expectations indicate that the US December CPI is expected to rise by 0.3% month-on-month and 2.7% year-on-year; core CPI is forecasted to increase by 0.3% month-on-month and 2.7% year-on-year. Analysts caution that due to the government shutdown causing missing data in October and artificially suppressed prices of some goods and rents ...
According to reports, market expectations indicate that the US December CPI is expected to rise by 0.3% month-on-month and 2.7% year-on-year; core CPI is forecasted to increase by 0.3% month-on-month and 2.7% year-on-year. Analysts caution that due to the government shutdown causing missing data in October and artificially suppressed prices of some goods and rents in November, there may be a 'technical lift' in December. If the data meets expectations, the Fed will continue to wait for clearer trends, especially in cleaner rent and goods readings. If significantly higher than expected, the market may reassess the Fed's anti-inflation will and ability, while court rulings, judicial investigations, and employment trends will determine the direction in the coming weeks.
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Link: Analysis: Market Expects US December CPI to Rise 0.3% MoM, Fed to Wait for Clearer Trends if in Line with Expectations [Copy]
