Earlier preview is here:

• Goldman Sachs US CPI preview - wary of a scenario where S&P 500 will collapse at least 2%

Adding now a couple of snippets from elsewhere.

BoA says they expect the March inflation data to show its 'sticky' again:

• the forecast is for core CPI to rise 0.4% m/m and 5.6% y/y

JP Morgan are looking for an even higher m/m core inflation result at 0.5%:

• That would represent the fourth straight month of accelerating gains
• likely to keep the Fed on track to hike 25bp in May
• also leaves open the door for a June hike

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The data is due at 8.30am US Eastern time on Wednesday, 12 April 2023:

• This snapshot from the ForexLive economic data calendar, access it here.
• The times in the left-most column are GMT.
• The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.

This article was written by Eamonn Sheridan at www.forexlive.com.

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