Bank of America: U.S. inflation expected to rise slightly in December
Editor
2025-01-11 02:02 783
Share to:
Golden Finance reports that following the shocking non-farm employment data in December last year, investors are now turning their attention to the December CPI data scheduled to be released next Wednesday. Bank of America analysts Sarah House and Aubrey Woessner expect headline inflation to hit a five-month high of 2.9% in December, up from 2.7% in November. They said in a report that core CPI growth is expected to remain at 3.3% for the fourth consecutive month. They believe inflation "will stall this year as the disinflationary tailwinds from improved supply chains and lower commodity prices fade, while new headwinds from trade policy may emerge."