According to Jinsan Data on May 14th, analysts from TD Securities expect that tomorrow‘s CPI report will show that the US core CPI monthly rate, after a strong growth of 0.4% for the third consecutive month in March, will slow down to 0.3%. Despite the significant increase in energy prices, the overall inflation rate is expected to slow down to 0.3%. Please note that our non-integer core CPI forecast is a 0.27% month-on-month growth, which means that there is a greater risk of a 0.2% increase in core CPI monthly rate, which may trigger unexpected dovishness.