Analysis of US CPI Data
From a macro perspective, there are no negative factors for the upcoming data this month.
Currently, various institutions project
CPI Index:
Bank of America: 2.8%
JPMorgan Chase: 2.9%
Wells Fargo: 2.9%
Goldman Sachs: 3.0%
Citigroup: 3.0%
UBS: 3.0%
A rate of 2.8% or below may strengthen the Fed's dovish stance, enhancing expectations for interest rate cuts in 2025, which is positive!
A rate of 3.0% or above may lead to a hawkish response from the Fed, removing expectations for interest rate cuts in 2025, which is negative!