Our Privacy Statment & Cookie Policy
All LSEG websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.
US inflation as measured by the Personal Consumption Expenditure deflator rose 6.1% over the twelve months to January, from 5.8% previously – the highest reading since February 1982. The core measure, excluding food and energy, rose by 0.3 percentage points to 5.2% – its highest since April 1983. Amid an extremely tight labour market and increasing concerns that inflation expectations could slip their anchor, the US Federal Reserve (Fed) is highly likely to begin raising interest rates at its upcoming meeting on 15-16 March. A 25-basis point rise seems probable. Some committee members appear open to a 50-basis point increase, although the Russian invasion of Ukraine may have reduced the probability of such a move. The February employment report on Friday, 4 March, is a key release to watch ahead of the meeting. With the Fed increasingly behind the curve, a series of rate hikes seems likely this year. The updated Summary of Economic Projections released alongside the meeting will provide greater clarity on the committee’s latest thinking.
Refresh this chart in your browser | Edit the chart in Datastream
Join a growing community of asset managers and stay up to date with the latest research from Refinitiv and partners to help you inform your investment decisions. Follow our Asset Management LinkedIn showcase page.
________________________________________________________________________________________
Financial time series database which allows you to identify and examine trends, generate and test ideas and develop view points on the market.
Refinitiv offers the world’s most comprehensive historical database for numerical macroeconomic and cross-asset financial data which started in the 1950s and has grown into an indispensable resource for financial professionals. Find out more.
After several upside surprises, slightly cooler-than-expected US inflation data for April ...
To date, 143 of the 201 companies in our Retail/Restaurant Index have reported their EPS ...
The LSEG U.S. Retail and Restaurant Q1 earnings index, which tracks changes in the growth ...
It seems as if the UK economy has at last given prime minister Rishi Sunak something to ...