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== CPI expectations == | |||
=== Consensus forecast === | |||
{| class="wikitable" | |||
!Variable | |||
!Forecast | |||
!Previous | |||
!Actual | |||
!Market Reaction<ref>https://www.investing.com/economic-calendar/</ref> | |||
|- | |||
|Core CPI (MoM) | |||
|0.40% | |||
|0.40% | |||
| | |||
| | |||
|- | |||
|Core CPI (YoY) | |||
|5.30% | |||
|5.50% | |||
| | |||
| | |||
|- | |||
|CPI (MoM) | |||
|0.20% | |||
|0.40% | |||
| | |||
| | |||
|- | |||
|CPI (YoY) | |||
|4.10% | |||
|5.00% | |||
| | |||
| | |||
|} | |||
=== FED Cleveland Forecast === | |||
{| class="wikitable" | |||
! | |||
! colspan="2" |YoY Change | |||
! colspan="2" |MoM Change<ref>https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting</ref> | |||
|- | |||
!Month | |||
!CPI | |||
!Core CPI | |||
!CPI | |||
!Core CPI | |||
|- | |||
|May-23 | |||
|4.13 | |||
|5.34 | |||
|0.19 | |||
|0.45 | |||
|- | |||
|June-23 | |||
|3.27 | |||
|5.12 | |||
|0.39 | |||
|0.43 | |||
|} |