Financial institutions such as Goldman Sachs, Barclays, and Citigroup project a 2.7% year-over-year CPI for December, but analysts caution that technical factors may distort the data.
U.S. December CPI data, set to be released on January 13 at 21:30 Beijing time, is expected to show a 2.7% year-over-year increase, according to Goldman Sachs, Barclays, and Citigroup. Analysts warn that technical factors may inflate the December readings, and if numbers surpass expectations, markets might reassess the Federal Reserve’s stance on inflation.