US Watch – Why inflation might continue to disappoint

Core inflation is bottoming, but the pickup is likely to be slow We expect core CPI to trough in Q1 at 1.6% yoy, with annual inflation of 1.7% in 2018, and a more pronounced firming in 2019, to 1.9% While wage pressures appear to be building, the near-term impact on...

Source: ABN AMRO
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