Week Ahead, 10th April 2023: CPI In Focus
We provide an overview of the key events we're watching in the week ahead
Summary
The focus next week will be on Wednesday’s US inflation numbers. The consensus expects a slight moderation of headline and core run-rates - but the overall composition of inflation and indications as to the breadth of price pressures will be critical to watch. Despite the market assigning a higher probability to a May hike after today’s jobs report, pricing for cuts in 2023 still looks stretched - CPI could be another catalyst for some of that to unwind.
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