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2023-01-12

Institution Views: US CPI may fall sharply in December?

Tonight at 9:30, the US December CPI data will be released. As the last key data for the year 2022, it will directly affect the Fed's interest rate hike path and is highly concerned by investors around the world.Due to the recent sustained low crude oil prices, inflation pressure has been further released. Currently, the market is relatively optimistic about this CPI data and generally believes that inflation growth will slow down further. The consensus expectation for CPI YoY is 6.5%, lower than the previous value of 7.1%; the consensus expectation for core CPI MoM is 5.7%, also lower than the previous value of 6%.Source: TradingEconomics1. AutoGoldman Sachs sees a significant drop in auto prices.On the one hand, used cars saw a net price decline in December auctions, with the u
Institution Views: US CPI may fall sharply in December?