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Next Week's Macro Data Overview: Wednesday CPI, Thursday Jobless Claims, and December Retail Sales MoM

BlockBeats News, January 11th, the key macroeconomic data to be released in the US next week is as follows:


Wednesday night 21:30

· US December Non-seasonally adjusted CPI YoY, expected 2.90%, previous value 2.70%;

· US December Seasonally adjusted CPI MoM, expected 0.30%, previous value 0.30%.


Thursday night 21:30

· US Initial Jobless Claims for the week ending January 11th (in thousands), previous value 20.1;

· US December Retail Sales MoM, expected 0.50%, previous value 0.70%.

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Core CPI at 0.2% month-over-month means the Fed stays put, while 0.3% triggers a rate hike.
The current interest rate hike probability is around 50%, with benign inflation data potentially prompting a wait-and-see approach. However, the hawkish stance still introduces uncertainty into the future policy outlook.
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