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US December CPI preview – forecasts from 17 investment bank economists

A slip for the US dollar in thin pre-Tokyo trade this morning, this the catalyst:

Meanwhile from the Wall Street Journal, what’s expected for the US inflation data due on Wednesday, January 15, 2025 at 8.30 am US Eastern time:

Headline back up to 2.9% … that would be well above the Fed’s 2% target. How much can a koala bear?

This article was written by Eamonn Sheridan at www.forexlive.com.

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