Marco Zarantonello
The U.S. Consumer Price Index (CPI) for January 2026 will be published today at 14:30 CET / 8:30 AM ET by the Bureau of Labor Statistics. ๐Ÿ“ˆ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—˜๐˜…๐—ฝ๐—ฒ๐—ฐ๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ Economists expect: โ€ข Headline CPI YoY around ~2.5%, down from 2.7% in December. โ€ข Monthly CPI around +0.3%. โ€ข Core CPI (ex food & energy) also ~2.5% YoY. These would be among the lowest readings in years if confirmed. ๐Ÿ“Š ๐—ฃ๐—ผ๐˜€๐˜€๐—ถ๐—ฏ๐—น๐—ฒ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป โ€ข ๐—”๐—ฏ๐—ผ๐˜ƒ๐—ฒ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฐ๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€: inflation hotter than forecast โ†’ yields may rise, dollar stronger, markets repricing future Fed cuts lower. โ€ข ๐—œ๐—ป ๐—น๐—ถ๐—ป๐—ฒ ๐—ผ๐—ฟ ๐˜€๐—ผ๐—ณ๐˜๐—ฒ๐—ฟ: reinforces disinflation trend โ†’ markets could push rates expectations lower, easing pressure on stocks and bonds. Fed outlook: even a softer inflation print wouldnโ€™t guarantee cuts immediately, but would keep rate-cut bets alive for the coming months. $SPX500 $NSDQ100
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