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US CPI Preview: Sticky Inflation to Keep the Fed on Hold Until the Summer?

From forex.com

When is the US CPI report? The US CPI report for January will be released at 8:30ET (13:30 GMT) on Friday, February 13. What are the US CPI Report Expectations? Traders and economists are projecting both headline and core (ex-food and -energy) CPI to come in at 0.3% m/m and 2.5% y/y. This reading, if seen, would represent a slight uptick from last month. US CPI Forecast: In recent months, this report has highlighted that the more urgent side of the Fed’s dual mandate has been the steady deterioration of the labor market, despite the prolonged period of above target inflation. After a (much) stronger-than-expected NFP ... (full story)

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  • Category: Fundamental Analysis