We previously showed a CPI-dependent market matrix from both JPMorgan and Goldman, as well as an analysis by Morgan Stanley why tomorrow's CPI print is likely to miss big. Now, we take a look at what consensus expects.
According to Wall Street economists, tomorrow at 830am, the BLS will report the following data for the month of December:
- CPI MoM: exp. -0.1%, down from 0.1% in November
- CPI Core MoM: exp. 0.3%, up from 0.2%
- CPI YoY: exp. 6.5%, down from 7.1%
- CPI Core MoM: exp. 5.7%, down from 6.1%