US December CPI preview – forecasts from 17 funding financial institution economists

A slip for the US greenback in skinny pre-Tokyo commerce this morning, this the catalyst:

• Trump’s tariff crew learning gradual hikes of two to five% monthly
• USD dropping floor on the ‘gradual’ tariff story

In the meantime from the Wall Road Journal, what’s anticipated for the US inflation knowledge due on Wednesday, January 15, 2025 at eight.30 am US Japanese time:

Headline again as much as 2.9% … that may be nicely above the Fed’s 2% goal. How a lot can a koala bear?

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



Source link