Wall Street predicts that the US December CPI may rise to 3.0%, returning to the 3% level after 5 months, and the core CPI may rise from 3.3% to 3.4%. The market expects a decrease in the Fed's interest rate for the year. Bank of America stated that if long-term inflation expectations get out of control, the Fed may even consider raising interest rates.
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Wall Street predicts that the US December CPI may rise to 3.0%, returning to the 3% level after 5 months, and the core CPI may rise from 3.3% to 3.4%. The market expects a decrease in the Fed's interest rate for the year. Bank of America stated that if long-term inflation expectations get out of control, the Fed may even consider raising interest rates.