Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US OUTLOOK/OPINION
- The BLS now updates its CPI health insurance series every six months rather than annually, based on insurers’ earnings in April and October.
- The April M/M will guide an average monthly increase through April-September, having increased an average 1.0% M/M through Oct-March.
- The below analyst estimates range from 0-0.7% M/M over the next six months, implying a relatively small sequential change compared to the swing in Oct vs the -3.8% average decline seen through Oct’22-Sep’23.
- With a rough weight of 0.07% in the core CPI basket and 2.2% in supercore CPI, the 1.0% M/M average increase through Oct’23-Mar’24 was worth 0.01pps to core and 0.02pps to supercore.
- This update shouldn’t impact PCE inflation but surprises can still impact CPI.
- GS: 0.0%, TD: 0.0%
- BofA: 0.4%, Citi: 0.4%
- Nomura: 0.5-0.7%
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok