According to a report by ChainCatcher, Nick Timiraos, a Wall Street Journal reporter known as the "mouthpiece of the Federal Reserve," pointed out that not all monthly CPI inflation reports are equally important, and in an economy facing price pressures, the January CPI data has a greater impact. In recent years, price increases in the United States in January have been exceptionally strong, reflecting a significant adjustment in prices at the beginning of the year.
Timiraos stated that the inflation report to be released this week may show whether the Federal Reserve's efforts to lower inflation have cleared a key obstacle. Timiraos emphasized that this data is of great importance to the Federal Reserve.
Alan Detmeister, who was responsible for the Federal Reserve's price and wage forecasting department, said that even if the first-quarter inflation data does not hit the Federal Reserve again, the rise in tariffs may give Federal Reserve officials reason to slow the pace of rate cuts. "This may make them more cautious in lowering interest rates."
