Photo: Daniel Goodman / Business Insider
UPDATE:Pretty much a snoozer. 0.2% headline CPI growth and 0.2% core CPI growth.
This isn’t going to move anything very much, and probably doesn’t do much to change anyon’e opinions about QE3.
The last big datapoint of the week: Analysts are expecting a 0.3% month-over-month increase in the CPI in January.
“Core” CPI is expected to rise just 0.2%.
This is unlikely to be a huge market-moving number, except insomuch as it influences the QE3-stakes. Low numbers = more likelihood of QE3 and so on.