The big data event today is, of course, the release of the US CPI report.The consensus forecasts are for Headline CPI inflation to come in at 0.6%, month-on-month, taking the annual rate up to 3.6%; andCore at 0.2%, MoM, with the annual rate falling to 4.3%.(For background on the “last mile” inflation dynamics and policy implications, please see this from Monday:https://lnkd.in/ewRmG8Us)#economy #inflation #markets Bloomberg Opinion
