- Analytics
- News and Tools
- Market News
- Slowdown in super core CPI would raise Fed’s confidence inflation is moving toward 2% – BBH
Slowdown in super core CPI would raise Fed’s confidence inflation is moving toward 2% – BBH
Analysts BBH share their views on the upcoming March inflation data from the US.
Pay particular attention to super core CPI
"The US March CPI report is the main event. The data will help determine whether recent high CPI readings were noise or a sign that progress on inflation is stalling. Headline CPI is expected to rise 0.3% m/m and quicken to 3.4% y/y in March from 3.2% in February. Core CPI is forecast to rise 0.3% m/m and slow to 3.7% y/y in March from 3.8% in February. The projections are in line with the Cleveland Fed’s inflation nowcast model."
"Pay particular attention to the so-called super core CPI (core services less housing), a key measure of underlying inflation. In February, super core CPI remained high at 4.3% y/y but the monthly price increase eased to 0.5% from 0.9% in January. A further monthly slowdown in super core CPI would likely raise the Fed’s confidence that inflation is moving sustainably down toward 2%."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
