U.S. December Inflation Data Forecast: Overall Inflation Rate May Rise to 3.2%
The United States will announce inflation data for December on Thursday. Economists from Deutsche Bank analyze that the overall and core inflation are expected to increase by about 0.25% month-on-month, and the overall inflation rate in December may slightly rise to 3.2%. The annual core inflation rate may slightly decrease but still remain high at 3.8%. Inflation data might slow down the falling trend of the dollar, but there are concerns that the dollar will soon return to a downward trend due to weak data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain whale opened a 20x Bitcoin long position worth approximately $19.22 million
Yala: We have noticed the community's concerns regarding the stablecoin YU and are actively investigating.
Crypto market sentiment plunges to "freezing point," Fear & Greed Index currently at 10