Wall Street Predicts Soft Inflation Reading as Crypto Market Holds Steady
The post Wall Street Predicts Soft Inflation Reading as Crypto Market Holds Steady appeared on BitcoinEthereumNews.com.
Wall Street giants, including JPMorgan, Bank of America, and Morgan Stanley, have given their forecasts ahead of the January U.S. CPI release tomorrow. Meanwhile, the crypto market continues to trade flat ahead of tomorrow’s macro data, which would impact the Fed rate decision at the March FOMC meeting. Wall Street Shares January U.S. CPI Forecast According to data shared by WSJ’s Nick Timiraos, Wall Street giants expect a cool inflation reading, with the median forecast being that the January CPI could come in at 0.26% month-over-month (MoM) and 2.5% year-over-year (YoY). Furthermore, based on the median forecast, these experts expect core inflation to come in hotter, at 0.34% MoM and 2.5% YoY. Wall Street expects a cooler month for headline inflation but a hotter month for core in January Headline CPI: 0.26% m/m, 2.5% y/y (down from 0.31% m/m and 2.7% y/y in December) Core CPI: 0.34% m/m, 2.5% y/y (core m/m accelerating from 0.24% in Dec, but y/y ticking down from… pic.twitter.com/g3S5b0EM8D — Nick Timiraos (@NickTimiraos) February 12, 2026 Besides the monthly core U.S. CPI median forecast, the other forecasts represent a drop from the December CPI inflation figures. As CoinGape reported, the December CPI came in at 2.7% YoY and 0.3% MoM, while the core data came in at 2.6% YoY and 0.25% MoM. A soft inflation reading would be positive for the crypto market and could come at a time when Fed officials continue to raise concerns about rising inflation. Following the January FOMC meeting, where they held rates steady, the Committee stated that inflation remains somewhat elevated. Furthermore, Fed Presidents Beth Hammack and Lorie Logan signaled that they will continue to support a pause in Fed rate cuts for now until they see inflation trending towards their 2% target. As such, this U.S. CPI inflation will…
Filed under: News - @ February 12, 2026 6:25 pm