The consumer price index (CPI) climbed 0.4% last month, marking the largest increase since March, following a 0.3% rise in November, as reported by the Bureau of Labor Statistics. Annually, CPI rose 2.9% through December, the highest since July, up from November’s 2.7%.
Part of the annual CPI rise was due to the removal of lower readings from last year’s calculations. Recent progress in curbing inflation has stalled, with consumer inflation expectations spiking in January amid concerns over tariffs raising goods prices.
(U.S. Inflation Gauges, Source: LSEG DataStream)
No rate cut is expected at the Federal Reserve’s January 28-29 meeting. However, financial markets have increased bets on a rate reduction in June. Since beginning its easing cycle in September, the Fed has cut its benchmark rate by 100 basis points to 4.25%-4.50%. This shift has supported expectations of moderate inflation readings and reinforced predictions for a June rate cut.
Disclaimer
Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.
隨時隨地留意市場動態
市場易受供求關系變化的影響
對關注價格波動的投資者極具吸引力
流動性兼顧深度與多元化,無隱藏費用
無對賭模式,不重新報價
通過 Equinix NY4 服務器實現指令快速執行