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U.S. Core CPI Unexpectedly Falls, Unadjusted CPI Moderately Rebounds as Expected

BlockBeats News, January 15th: In the United States, the December non-seasonally adjusted CPI year-on-year rate rose to 2.9%, marking the third consecutive monthly rebound and hitting a new high since July 2024, in line with market expectations, with the previous value at 2.7%.


Furthermore, the December non-seasonally adjusted core CPI year-on-year rate in the United States recorded 3.2%, hitting a new low since August 2024, in line with market expectations remaining unchanged at 3.3%. (FXStreet)

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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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