When will US inflation data be released? What time will it be announced? What is the US inflation forecast? Does Trump affect inflation?

US inflation data for January is being closely monitored by investors in the dollar, gold, stock markets, and cryptocurrencies. On January 29, 2025, the US Federal Reserve (FED) kept the policy interest rate unchanged, holding it steady in the 4.25-4.50 percent range. Following the interest rate decision, the focus of the markets shifted to the January US CPI data. So, when will the January US inflation data be released?

WHAT ARE THE US INFLATION FORECASTS?

According to economists' forecasts, headline inflation is expected to come in between 2.9% and 3.0% on an annual basis. Core inflation, which excludes food and energy, is projected to be between 3.1% and 3.2% annually. There is an expectation of a 0.2% to 0.3% increase in inflation on a monthly basis. Last month, inflation rose by 0.4%, and annual inflation increased from 2.7% to 2.9%.

WHEN AND AT WHAT TIME WILL US INFLATION DATA BE RELEASED?

US inflation data for January will be released on Wednesday, February 12, 2025, at 16:30. 

DO TRUMP'S DECISIONS AFFECT INFLATION?

It can be noted that in addition to US President Trump's imposition of tariffs on imported steel and aluminum, he has previously increased the prices of imported goods by applying high tariffs on China and other trading partners. Such moves could lead to rising costs in sectors such as consumer electronics, automotive, food, and raw materials. Furthermore, while demand for US-produced goods may increase due to high tariffs, this situation could trigger inflation by raising labor and production costs in the domestic market.

News Source: 12punto