New data Core Inflation Rate YoY (Jan)
2/12/2025
actual 3.3, previous 3.2
The event is the Core Inflation Rate Year-over-Year (YoY) for the month of January in the United States. The actual inflation rate reported is 3.3%, which is higher than the previous rate of 3.2%. The market consensus estimate was 3.1%, so the actual figure exceeded expectations by 0.2%. This event is considered to have a high impact on the market, especially on the value of the US dollar (USD) and other related financial instruments. A higher inflation rate can potentially lead to changes in monetary policy by the Federal Reserve and impact various sectors of the economy.This is not investment advice. Remember to verify the information provided here.
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