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Consumer Price Index:Historical Releases/2023 January: Difference between revisions
Consumer Price Index:Historical Releases/2023 January (view source)
Revision as of 19:41, 14 February 2023
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== Summary == | == Summary == | ||
[[File:CPI JAN.PNG|thumb|https://www.bls.gov/news.release/pdf/cpi.pdf]] | [[File:CPI JAN.PNG|thumb|https://www.bls.gov/news.release/pdf/cpi.pdf]] | ||
January 2023 CPI numbers came , markets remained mostly flat after the release. The | January 2023 CPI numbers came above expectations 6.4% vs 6.2% , markets remained mostly flat after the release. The probability of a 25bps rate hike in march remained at 90%, but now the terminal rate is up to 5.5%, and first rate cut in November/December. <ref>https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html</ref> | ||
CPI rose 0.5 percent in January on a seasonally adjusted basis, after increasing 0.1 percent in December. Over the last 12 months, the all items index increased 6.4 percent before seasonal adjustment. | CPI rose 0.5 percent in January on a seasonally adjusted basis, after increasing 0.1 percent in December. Over the last 12 months, the all items index increased 6.4 percent before seasonal adjustment. | ||