© Reuters. Inflation the focus next week as rate cut hopes fade
Proactive Investors – is back on the macro agenda with the latest data from the US on Tuesday and the UK on Wednesday.
How the numbers look will again start speculation about the timing of any cuts in interest rates and according to Deutsche Bank (ETR:), the prognosis is better in the US than here.
The German bank expects a drop in the headline measure to a monthly 0.2% from 0.3% in December, but core inflation to be unchanged.
Producer or factory gate prices are due on Friday and will show a slight rise believes, Deutsche Bank.
In the UK, there is a stack of data due. n Wednesday, headline inflation (CPI) expected to tick up again to 4.1% with the core number at 5%.
are due Thursday with the UK again flirting with a technical recession and the most optimistic forecasts only suggest growth of 0.1% while most predict a contraction.
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