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Macro outlook for next week: CPI and "horror data" may subvert interest rate cut expectations, and the Fed turns to a cautious stance
Editor
2025-01-11 20:02 3,751
Golden Finance reports that next week, the United States will release a number of blockbuster data, including PPI, CPI and "terror data", which will continue to bring volatility to the market. Here are the key points that the market will focus on in the new week: Wednesday 21:30, US December CPI data, US January New York Fed manufacturing index; At 21:30 on Thursday, the number of initial jobless claims in the United States for the week to January 11 and the monthly rate of retail sales in December. As the Fed shifts to a more cautious stance, there were some encouraging signs in November's CPI report that price increases in housing and broader service categories have begun to moderate. That leaves the possibility of a downside surprise in the CPI data due to be released next Wednesday, but any slowdown is more likely to occur in the first few months of 2025 than last December's CPI data. Before the CPI data is released, investors will focus on the U.S. PPI data for December last year, which is scheduled to be released next Tuesday. On Thursday, all the market's eyes will be focused on the retail sales data, which is known as "horror data."
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