US CPI inflation likely unchanged at 2.1% y/y – Danske Bank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Research Team at Danske Bank, suggests that the US CPI inflation figures for January are due today.

    Key Quotes

    “Though FOMC is targeting PCE core inflation, it is also monitoring the development in CPI core inflation. PCE core has been subdued in recent years, but the trend in CPI core has been upward sloping and thus more encouraging for the Fed. In line with consensus, we expect that CPI core rose 0.2% m/m in January leaving the annual growth rate unchanged at 2.1% y/y.”
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