US Core Inflation Rate YoY (Dec) Y/Y 2.6% vs. Exp. 2.7% (Prev. 2.6%)

The US Core Inflation Rate for December came in at 2.6%, slightly below expectations of 2.7%.

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US Supercore Inflation (Dec): 2.7% (prev. 2.7%)

US Inflation M/M 3dp (Dec): Headline 0.307% (prev. 0.204%), Core 0.239% (prev. 0.159%)

US Core Inflation Rate YoY (Dec) Y/Y 2.6% vs. Exp. 2.7% (Prev. 2.6%)

JPMorgan (JPM) CFO says loss of Fed independence often leads to steeper yield curves and damages economic dynamism

US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)

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This outcome may provide the Fed with some leeway regarding future interest rate decisions, as it aligns with previous data and indicates stability in inflation trends. Overall, this could support a dovish stance in upcoming policy discussions.

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