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Analysts: U.S. January CPI data came in higher than expected, wary that economic forecasts may be affected by the March meeting

Analysts: U.S. January CPI data came in higher than expected, wary that economic forecasts may be affected by the March meeting

Bitget2025/02/12 15:45

On 12 February, analyst Theodore Littleton said that US CPI came in higher than expected in January, with the headline CPI rising 0.5% YoY and the core CPI excluding food/energy rising 0.4% YoY, while the market was generally forecasting a 0.3% rise in both measures. While the Fed may have ignored one bad reading, we will get another CPI report before the March FOMC meeting, and a similar performance could significantly change the outlook for the upcoming Summary of Economic Projections.

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