Gate.io: If US core inflation remains high, the US dollar may appreciate.

On January 15th, Jinshi data, Francesco Pesole, an analyst at Holland International, said in a report that if later data shows that the core inflation in the United States in December is still high, the dollar may appreciate. He said that the market generally expects the month-on-month core inflation rate to be 0.2% and 0.3%, with an average expectation of 0.25%. Holland International expects the data to show a rise of 0.3%, which could exacerbate expectations for the Fed to take cautious measures to cut interest rates, thereby benefiting the appreciation of the dollar. He said that high inflation will make investors uneasy about price pressures before considering the prospect of President Trump imposing trade tariffs in the United States.