Major Banks Predicts On  US CPI Data

February 14, 2023

Story: Divya SInha

RBC Economics predicts CPI growth edged down to 6.2% in January from 6.5% in December.

Wells Fargo expects to see a 0.4% month-on-month increase in the CPI. And on YoY CPI inflation is expected to be 6.2% in January.

Commerzbank predicts YoY rates to fall from 6.5% to 6.2% and core rate from 5.7% to 5.4% core rate.

BofA expects it to fall from 6.5% to 6.1% and core CPI to fall from 5.7% to 5.4%.

NBF predicts the YoY rate to come down to 6.2%.

Goldman Sachs predicts it to fall from 6.5% to 6.4%.

Also, Morgan Stanley predicts it to fall from 6.5% to 6.4%.