Quick Review of the U.S. December CPI Data

The core CPI in the United States for December rose less than expected, reaching a four-year low, indicating further cooling of inflation. The Federal Reserve is expected to maintain interest rates this month, following three consecutive rate cuts at the end of 2025. Officials still have differing views on how much more to cut rates this year, with concerns on one hand about tariffs potentially increasing price pressures, and on the other hand, attention to the weakness in the labor market