US: December CPI should give the Fed confidence to downshift to a 25bp hike – ABN Amro
12.01.2023, 16:45

US: December CPI should give the Fed confidence to downshift to a 25bp hike – ABN Amro

Data released on Thursday in the US confirmed a slowdown in inflation, with the annual CPI rate falling to 6.5%, the lowest level since October 2021. Bill Diviney, Sr. Economist at ABN – AMRO points out that falling inflation paves way for a 25bp Federal Reserve interest rate hike, instead of a 50 bps hike.

Key quotes:

“The fall was driven largely by further pass-through from lower oil prices to petrol prices, but continued falls in used car prices, and weak medical services inflation, were also a drag. Shelter inflation, and other components of services inflation in contrast remained elevated, as expected.”

“Inflation continues to trend lower in line with our base case, and this should give the Fed the confidence to further downshift to a 25bp hike when the FOMC next meets in early February. In the near term, we expect a renewed drag on headline inflation from falling utility gas prices – reflecting the mild winter and falling wholesale gas prices.”

“For core inflation, while annual inflation should continue to decline, we may see some near term pickup in m/m price growth, as a significant drag in recent months has come from falling wholesale prices for used cars, which for now looks to have stabilized.”

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik