Analyst: US January CPI data higher than expected, alert to economic forecast for March meeting may be affected

BlockBeats news, on February 12th, analyst Theodore Littleton stated that the US CPI in January was higher than expected, with the overall CPI rising by 0.5% month on month and the core CPI excluding food/energy rising by 0.4% month on month. The market generally predicts that both indicators will rise by 0.3%. Although the Federal Reserve may overlook a bad data, we will receive another CPI report before the FOMC meeting in March, which could significantly change the outlook for the upcoming economic forecast summary if it performs similarly. (Golden Ten)