US CPI Preview: Forecasts from 10 major banks, inflation appears to have peaked

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US CPI Preview: Forecasts from 10 major banks, inflation appears to have peaked
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US CPI Preview: Forecasts from 10 major banks, inflation appears to have peaked CPI Inflation DollarIndex Macroeconomics Banks

figures for November on Tuesday, December 13 at 13:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming US inflation print.

“The surprisingly sharp drop in the inflation rate fueled hopes that the inflation peak had passed. In fact, we expect a further slowdown in November. The small 0.2% increase in consumer prices from October that we forecast would mean that the YoY rate would fall from 7.7% to 7.2%, moving further away from the high for the year of 9.1% in June. In this context, we assume that gasoline prices fell by just under 2%.

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