"Federal Reserve megaphone" warns: CPI tonight is crucial
on February 12th, according to Jinten's report, Wall Street Journal reporter Nick Timiraos, known as the "mouthpiece of the Federal Reserve," pointed out that not all monthly CPI inflation reports are equally important. In an economy facing price pressures, the impact of January CPI data is greater. Timiraos said that the inflation report to be released this week may show whether the Fed's efforts to suppress inflation have cleared a key obstacle. The beginning of the year is the time when companies consider higher food, energy, and labor costs for the year.
The Labor Department is scheduled to release January CPI data on Wednesday, and another PPI report on wholesale prices will be released on Thursday. Timiraos emphasized that this data is of great importance to the Fed. A year ago, inflation seemed to be rapidly moving towards the Fed's target, but they encountered a major obstacle in the first quarter. In addition, officials also encountered a similar inflation surprise in early 2023, when changes in seasonal adjustment factors offset the progress the Fed had made earlier.
In addition, Timiraos also stated that the second reason why tonight's inflation report is particularly important is that Trump is implementing new tariffs, including an additional 25% tariff on steel and aluminum imports, further complicating the inflation outlook for 2025.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citi to explore cryptocurrency custody services
Outlook on the AI Agent Landscape: Solana, Base, BSC in a Three-Way Standoff?
Will Arc relentlessly pursue, and will the Solana ecosystem see a change in leadership?
FloppyPepe’s Deflationary Tokenomics Sets Stage For 50,000% Gains ——Presale Spots Filling Fast!
![](https://img.bgstatic.com/multiLang/image/social/edad12957f7d96a64094621a00039e191739552116264.jpg)
Why Investors Are Betting on This ERC-20 Token and Not Dogecoin (DOGE) or Shiba Inu (SHIB) for 5000% Returns in 2025
![](https://img.bgstatic.com/multiLang/image/social/00d51480dcb2687d395519d9586ff0ae1739552109294.jpg)
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)