US CPI data due imminently. The ranges of estimates (& why they're crucial to know)
Due at 8.30 am US Eastern time (1330 GMT):
For the full information on this post, and more, see these posted earlier:
- US CPI data due Wednesday, here are the ranges of estimates (why they're crucial to know)
- What is the distribution of forecasts for the US CPI?
CPI Headline y/y, expected 2.9% with the range showing:
2.9 - 2.9% (yes, really)
CPI Headline m/m expected 0.3% with the range showing:
0.2 to 0.4%
CPI excluding food and energy (the core rate of inflation) y/y expected 3.1% with the range showing:
3.1 - 3.2%
CPI excluding food and energy (the core rate of inflation) m/m expected 0.3% with the range showing:
0.2 to 0.4%
![us cpi preview ranges January 2025 2](https://images.forexlive.com/images/us%20cpi%20preview%20ranges%20January%202025_id_13731dd2-72f7-4146-9dea-62d9e96c7e7a_size900.jpg)
Powell later will repeat himself but the Q&A could contina some comments that differ - not too jcuh, he isn;t going to change his core message.