The upcoming January Consumer Price Index (CPI) report is anticipated to reveal a 0.3% month-over-month increase in core inflation, surpassing December’s 0.2% rise. This development is partly attributed to the full effects of recently imposed tariffs on imports, which are expected to become more evident in the data as transportation costs increase due to inventory adjustments. Meanwhile, the stability in bond markets persists, driven by perceptions of anchored inflation expectations, contributing to speculative behavior in the financial markets.
US Bureau of Labor Statistics to release January CPI report reflecting tariff impacts
