The Nowcast forecast of the US CPI shows limited progress in inflation easing

Wallstreetcn
2025.03.12 05:22

The Nowcast model from Bloomberg Economics predicts that the overall CPI in February will increase by 0.3% month-on-month, which is lower than January's 0.5%. The year-on-year increase will narrow from 3% to 2.9%. In addition, our model expects that the month-on-month increase in core inflation will decrease from 0.4% to 0.3%, while the year-on-year increase will narrow from 3.3% to 3.2%

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