• The Consumer Price Index excluding food and energy (core CPI) numbers will be released by the United States government on Thursday, January 12.
• Estimates still show an increase in the inflation rates compared to the summer of 2022.
• The CPI numbers will play a crucial role in the US Federal Reserve’s decision on whether to continue its current monetary policy of raising interest rates.

The United States government is set to release the Consumer Price Index excluding food and energy (core CPI) numbers on Thursday, January 12. This is an important economic indicator for the US economy and will play an important role in the US Federal Reserve’s decision on whether to continue its current monetary policy of raising interest rates.

The core CPI numbers are a measure of the changes in prices of a basket of goods and services that are not subject to seasonal fluctuations. This includes items such as rent, medical care, and transportation. It is also a better measure of inflation than the headline CPI, which includes volatile items such as food and energy prices.

The most recent months have seen a decline in the inflation rates compared to the peaks in the summer of 2022. However, the estimates still show an increase in the inflation rates compared to the summer of 2022. This is a cause for concern as higher inflation can lead to higher interest rates, which can have a negative effect on the economy.

The CPI numbers will play an important role in the US Federal Reserve’s decision on whether to continue its current monetary policy of raising interest rates. The Federal Reserve has been raising interest rates since 2022 and is expected to continue to do so in order to keep inflation in check. If the CPI numbers show an increase in inflation, the Federal Reserve is likely to raise interest rates further in order to manage inflation.

The upcoming CPI numbers will be closely watched by analysts and investors alike. It will provide an important indicator of the direction of the US economy in the coming months. If the numbers show an increase in inflation, it could lead to higher interest rates, which could have a negative impact on the economy. On the other hand, if the numbers show a decrease in inflation, it could lead to lower interest rates, which could have a positive impact on the economy.

It is important to note that the CPI numbers are only one of many indicators that the Federal Reserve uses to make decisions on monetary policy. Other indicators such as employment, wages, and housing prices are also taken into account when making policy decisions. Therefore, it is important to look at the overall picture before making any assumptions about the future direction of the US economy.