Preview: Market Focuses on Tonight’s January Unadjusted CPI Year-on-Year; If It Surges Unexpectedly, the Fed May Turn Hawkish
BlockBeats News, on February 13, the United States will release the January unadjusted CPI year-on-year rate at 21:30 tonight (UTC+8), with the previous value at 2.70% and the expected value at 2.50%. The seasonally adjusted January CPI month-on-month rate will also be released, with the previous value at 0.3% and the expected value at 0.3%.
Goldman Sachs analyst Kay Haigh stated yesterday that he still believes the Federal Reserve has room for two rate cuts this year. However, if the CPI released on Friday unexpectedly rises, it may cause the Federal Reserve to lean towards a more hawkish stance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Star: Rumors of an exchange hack are false
Ozzy: StepDrainer attack expands to multiple DeFi projects
The annualized deposit yield is 9.58%, Pendle launches its second ecosystem vault on Morpho.
France's fiscal outlook deteriorates as Fitch revises rating outlook to negative
Due to the deterioration of public finances, including slower growth, rising borrowing costs, and widening deficits, Fitch Ratings has revised France's credit rating outlook to negative.
Crypto prices
More
