After November’s positive surprise, will December’s CPI report provide more evidence that US inflationary pressures are easing – and what would that mean for the Fed’s policy calculus? Chief US Economist Paul Ashworth and Senior US Economist Andrew Hunter held a briefing shortly after the inflation report release on what the latest numbers say about the trajectory of US inflation in 2023, and the implications for interest rates.
Andrew and Paul highlighted key takeaways from the report, including the latest core inflation numbers, how the report stacks up against other recent data releases, and how this all informs the broader policy debate.
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