Latest Updates: Related to Inflation

Markets Signal Smaller Rate Hike in Feb on Negative CPI Reading

01/12/2023

The overall consumer price index (CPI) fell by -0.1% in December, the first negative reading in 32 months, while the year-over-year pace of consumer inflation decreased from +7.1% to +6.5%. Both the monthly and annual rates exactly matched forecasts. On a three-month annualized basis, headline CPI is now advancing at a +1.8% rate.

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