Analysis: Market expects US December CPI to rise 0.3% month-on-month; if it meets expectations, the Fed will wait for clearer trends
Odaily News According to data, the market expects the US December CPI to rise 0.3% month-on-month and 2.7% year-on-year; core CPI is expected to increase 0.3% month-on-month and 2.7% year-on-year. Analysts caution that due to missing October data caused by the government shutdown and artificially suppressed prices for some goods and rents in November, December might see a "technical uplift." If the data meets expectations, the Federal Reserve will continue to wait for clearer trends, especially cleaner readings on rents and goods. If the data significantly exceeds expectations, the market may reassess the Fed's resolve and capability to combat inflation, while court rulings, judicial investigations, and employment trends will determine the direction in the coming weeks. (Jin10)
