Group 1 - The core viewpoint of the article highlights that the U.S. Consumer Price Index (CPI) for December remained stable at 2.7% year-on-year, aligning with market expectations, while the core CPI, excluding food and energy, grew by 2.6%, slightly below the forecast of 2.7% [1] - Housing costs, which are a key factor in inflation persistence, increased by 0.4% in December, contributing significantly to the monthly rise, with this category accounting for over one-third of the CPI and showing a year-on-year increase of 3.2% [1] - The report indicates ongoing inflationary pressures, with food prices rising by 0.7% in December, although egg prices plummeted by 8.2%, marking a nearly 21% decline compared to the previous year [1] Group 2 - Morgan Stanley's global macro forum report suggests that the urgency for the Federal Reserve to stabilize the job market has decreased due to recent improvements in economic momentum and a decline in unemployment rates [1] - Future policy actions by the Federal Reserve will depend on two key signals: the comprehensive impact of tariff adjustments by the Trump administration on prices and whether inflation data shows a clear downward trend [1] - The report maintains the forecast for the Federal Reserve's final interest rate target range at 3.0%-3.25%, indicating that the interest rate market needs to reprice overly optimistic expectations for rate cuts [1]
邦达亚洲:CPI数据符合市场预期 美元指数小幅收涨
Sou Hu Cai Jing·2026-01-14 08:50