Hormuz Shipping Slows as Iran Threats Lift Oil Risks 
Japan Foreign Reserves Plunge $79.6 Billion After Record Yen Intervention 
Gold Holds Near $4,400 as Fed Hike Bets Rise 
European Stocks Flat as Iran Tensions, ECB Rate Hike Loom 
Oil Prices Climb as Iran Threatens Gulf Energy Infrastructure 
Japan, U.S. Stay Aligned on Yen as Currency Surges 
Asian Stocks Mixed as Korean Chipmakers Rally 
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On February 12, the CPI for January 2025 will be declared at 8:30 EST.According to economists, there will be a 2.8% increase in living expenses over the next year, which is merely 2% lower than the 2.9% increase recorded in December. The projection for core inflation, excluding food and energy prices, suggests a slight decrease from 3.2% in December.
The overall index is projected to climb by 0.3% in January.. It predicts that Core CPI will increase by 0.3% per month and 3.1% per year. Experts will closely monitor the report to identify indications that interest rates could be lowered by the Federal Reserve.
Costs likely increase as a result of rising prices on cars, auto insurance and other communications services.". The calculation method of the CPI will undergo modifications in this report, with some indexes being eliminated.
