What to Watch for in U.S. CPI Report

The video discusses recent trends in inflation, highlighting better-than-expected numbers and their implications for Federal Reserve policies. It examines the role of core services and housing in inflationary pressures and the divergence between market expectations and the Fed's potential actions. The discussion includes insights from Bloomberg surveys and the impact of these trends on future interest rate decisions.

What are the underlying numbers that indicate inflation might be rolling over?

How does the Fed prioritize monthly changes in inflation data?

What is the significance of the core services ex housing index mentioned by Jay Powell?

What are the expectations for the Fed's actions in February based on the data print?

What is the general consensus regarding the Fed's interest rate decisions moving forward?