Consumer Price Index:Historical Releases/2023 January: Difference between revisions

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''Return to: [[Consumer Price Index]] | [[Consumer Price Index:Historical Releases|Historical Releases]]''
''Return to: [[Consumer Price Index]] | [[Consumer Price Index:Historical Releases|Historical Releases]]''


Full Report: https://www.bls.gov/news.release/pdf/cpi.pdf
Full Report: https://www.bls.gov/news.release/archives/cpi_02142023.pdf


Publishing date: February 14 2023
Publishing date: February 14 2023


== 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/archives/cpi_02142023.pdf]]
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>  
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>