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.
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