{"id":254851,"date":"2025-07-11T00:39:13","date_gmt":"2025-07-11T00:39:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/254851\/"},"modified":"2025-07-11T00:39:13","modified_gmt":"2025-07-11T00:39:13","slug":"next-weeks-us-cpi-risks-being-a-shock-core-expected-at-its-highest-since-january","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/254851\/","title":{"rendered":"Next week&#8217;s US CPI risks being a shock, core expected at its highest since January"},"content":{"rendered":"<p data-v-7f05d5e4=\"\">The US inflation report, CPI, is due on Tuesday July 15 at 8.30 am US Eastern time, which is 1230 GMT.<\/p>\n<p data-v-7f05d5e4=\"\">TD Securities are with the consensus, forecating m\/m core to be up 0.3%, this highest since 0.4% in January:<\/p>\n<ul data-v-7f05d5e4=\"\">\n<li data-v-7f05d5e4=\"\">&#8220;we look for goods prices to gather steam in June, reflecting some tariff passthrough&#8221;<\/li>\n<li data-v-7f05d5e4=\"\">&#8220;we don&#8217;t expect the services segment to help offset that strength&#8221;<\/li>\n<\/ul>\n<p data-v-7f05d5e4=\"\">Bank of America are also looking for +0.3% m\/m and 3.0% y\/y for core:<\/p>\n<p data-v-7f05d5e4=\"\">&#8212;<\/p>\n<p data-v-7f05d5e4=\"\">A key thing to watch in the inflation report will be how broad the inflationary pressures are:<\/p>\n<ul data-v-7f05d5e4=\"\">\n<li data-v-7f05d5e4=\"\">if it shows inflation reaccelerating broadly it poses a risk to the bond market, i.e higher yields for &#8216;bad&#8217; reasons<\/li>\n<li data-v-7f05d5e4=\"\">a key implication that the market would likely draw is that there could be fewer Fed rate cuts than currently priced<\/li>\n<li data-v-7f05d5e4=\"\"> that could then leak into into equity markets<\/li>\n<\/ul>\n<p data-v-7f05d5e4=\"\"> mix in the hefty tariffs being proposed and it could get ugly, until TACO saves the day of course. <\/p>\n<p>  Later this year,<br \/>\n  <a href=\"https:\/\/www.forexlive.com\/\" target=\"_blank\" data-v-5e3b6b10=\"\" rel=\"noopener\"><b data-v-5e3b6b10=\"\">ForexLive.com<\/b><\/a><br \/>\n  is evolving into<br \/>\n  <a href=\"https:\/\/investinglive.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-5e3b6b10=\"\"><b data-v-5e3b6b10=\"\">investingLive.com<\/b><\/a>, a new destination for intelligent market updates and smarter<br \/>\n  decision-making for investors and traders alike.<\/p>\n","protected":false},"excerpt":{"rendered":"The US inflation report, CPI, is due on Tuesday July 15 at 8.30 am US Eastern time, which&hellip;\n","protected":false},"author":2,"featured_media":254852,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15,97951],"class_list":{"0":"post-254851","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-us-cpi-inflation-preview"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114831816276679105","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/254851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=254851"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/254851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/254852"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=254851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=254851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=254851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}