These are the expectations for the December 2023 CPI released tomorrow.
Nothing huge is expected. Continuing disinflation on core CPI, but very mildly.
I don’t think these results would change much for the FED and the market expectations. Unless we get a big surprise.
Currently, we have to remain mindful of the increase in shipping rates happening due to the danger in the red sea, but they are still far for reaching levels seen in 2022.
Market Expectation before the release
