While bank failures continue to garner the lion’s share of headlines, the next US CPI report is around the corner. For the seventh straight month, I expect the headline CPI to record a further deceleration in its YoY growth rate, though the potential for another hotter MoM reading, may further unnerve a market that's been rocked by major bank failures.
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February CPI preview: expecting additional…
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While bank failures continue to garner the lion’s share of headlines, the next US CPI report is around the corner. For the seventh straight month, I expect the headline CPI to record a further deceleration in its YoY growth rate, though the potential for another hotter MoM reading, may further unnerve a market that's been rocked by major bank failures.