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MNI Inflation Insight, Feb'23: Another Boost For Higher For Longer Theme

US
  • Core CPI inflation was in line with expectations for the second month running in January in M/M terms.
  • Friday's new seasonal revisions left a pace of core CPI inflation hotter than first thought and it maintained this pace into January at 0.4% M/M.
  • Further, details showed stronger than expected core goods inflation along with surprising breadth of inflationary pressures across a variety of measures, sparking an on balance hawkish reaction.
  • See the full report here including summaries from twenty analysts: https://marketnews.com/mni-us-inflation-insight-feb-23-another-boost-for-higher-for-longer-theme

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