Morgan Stanley Expects Hotter CPI Data on Tuesday, Ahead of Key Weekly Inflation Reports

GateNews

Morgan Stanley’s global macro strategist Matt Hornbach expects the Consumer Price Index (CPI) report on Tuesday to show stronger-than-expected inflation data, marking the first of several inflation-related releases this week. The CPI, along with the Producer Price Index (PPI) and import price data, will collectively influence the Personal Consumption Expenditures (PCE) price index, which is the Federal Reserve’s preferred inflation gauge, according to Bloomberg Television.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments