U.S. JAN CPI PREVIEW: INFINITYHEDGE
Forecast:
*headline: 0.26% vs 0.31% M/M prev.
*headline: 2.5% vs 2.7% Y/Y
*Core CPI: 0.34% vs 0.24% M/M
*Core CPI: 2.5% vs 2.6% Y/Y
SPX rxn on Core MoM:
> 0.45%: -1.25% to -2.5%
0.4 to 0.45%: -0.7% to +0.2%
0.3 to 0.4%: +0.25% to 1.5%
< 0.3%: +1.2% to 1.7%
Citi Recommends Betting on Higher US Inflation
Forecast:
*headline: 0.26% vs 0.31% M/M prev.
*headline: 2.5% vs 2.7% Y/Y
*Core CPI: 0.34% vs 0.24% M/M
*Core CPI: 2.5% vs 2.6% Y/Y
SPX rxn on Core MoM:
> 0.45%: -1.25% to -2.5%
0.4 to 0.45%: -0.7% to +0.2%
0.3 to 0.4%: +0.25% to 1.5%
< 0.3%: +1.2% to 1.7%
Citi Recommends Betting on Higher US Inflation
