🚨 Alert of The Week 🚨
🇺🇸 CPI 12 December 2023
The highlight of the week is US November's Consumer Price Index (CPI). Projections suggest a flat 0.0% for the headline reading, while the core CPI is expected to rise by 0.3%. Noteworthy is the simultaneous decline in gasoline prices and substantial increases in real wages. The coexistence of 0.0% headline inflation and a 0.4% growth in average hourly earnings implies a significant boost in disposable income for individuals.
🏦 Central Banks Rate 14 December 2023
Central bankers are entering their final decisions with a sense of unease about the evolving global inflation cycle. The spotlight will be on the US Federal Reserve on Thursday, followed by central banks in the euro zone and the UK, among others, as they navigate the challenges posed by the shifting dynamics of inflation on the global stage.
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