Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Founder & Head of Research

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

Premium Economic & Investment Research

Macroeconomics

<ul>
<li>US January CPI is a clear disappointment rising by 0.5% overall and 0.4% ex food and energy (0.446% before rounding).</li>
<li>There is a problem of residual seasonality bringing strength in Q1 data, that yr/yr rates accelerated, overall to 3.0% from 2.9%.</li>
<li>. Inflation clearly remains too high, with progress appearing to stall. Energy increased by 1.1% led by a 1.8% rise in gasoline.</li>
</ul>


US January CPI is a clear disappointment rising by 0.5% overall and 0.4% ex food and energy (0.446% before rounding).
There is a problem of residual seasonality bringing strength in Q1 data, that yr/yr rates accelerated, overall to 3.0% from 2.9%.
. Inflation clearly remains too high, with progress appearing to stall. Energy increased by 1.1% led by a 1.8% rise in gasoline.


A Clear Disappointment of U.S. January CPI