Japan's December core CPI annual rate of 3%, expected 3.00%, the previous value of 2.70%.
Japan's core CPI recorded an annual rate of 3% in December, the largest increase since August 2023.
Mr. Waller said that this week's CPI data was very good and that if more such data were available, the Fed could cut rates in the first half of the year, arguing that a cut in March could not be ruled out. If inflation falls, the Fed could cut rates more aggressively than market expectations.
The December CPI in the United Kingdom and the United States shows that inflation is still on the road to decline, so the pound may continue to bear the burden.
21:00-7:00 Keywords: VanEck, CPI, 1Money, SEC BTC breaks through $100,000. 2. VanEck submits an application for an on-chain economic ETF to the SEC. 3. The US CPI rose by 2.9% year-on-year in December, in line with market expectations. 4. Interest rate futures traders have increased their bets on the Federal Reserve's June rate cut. 5. The Trump team is reviewing some of the SEC's pending crypto enforcement cases. 6. The SEC is ready to move forward with crypto policy reform immediately after Tr...
"Fed Speaker" Nick Timiraos: With December CPI and PPI data, forecasters expect December core PCE to rise 0.17% (nearly 2% annualized), which will keep core PCE at 2.8% annualized and reduce the 6-month and 3-month annualized values to 2.3% and 2.2%, respectively. (Jin Ten)
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With the release of CPI and PPI data this week, economists can now forecast December's all-important core PCE inflation data - the Fed's preferred measure of inflation - with great accuracy. Projections that keep coming in this morning suggest that December's core PCE price gains will be less than 0.2%: earlier forecasts range from 0.16% at Morgan Stanley to 0.19% at Pantheon Macro. Both of these numbers would keep core PCE inflation at an annualized rate of 2.8%, unchanged from November. But th...