US CPI Preview: Lower will get the Fed's attention

From fxstreet.com

The Bureau of Labor Statistics, a division of the Department of Labor will publish its Consumer Price index for January on Wednesday February 13th at 8:30 am EST, 13:30 GMT Forecast: Ebbing inflation Core CPI, which excludes food and energy costs, is expected to rise 0.2% in January as it did in December with the annual rate slipping to 2.1% from 2.2%. Overall inflation is predicted to decline 0.1% in January the same as December with annual price changes dropping to 1.6% from 1.9% in December Inflation and the Federal Reserve The central bank has retreated from its aggressive rate tightening of last year. The December ... (full story)