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Wall Street's January US inflation forecast highlights:
Overall CPI month-over-month 0.26%, year-over-year 2.5%, both easing from December, indicating a cooling of overall inflation.
Core CPI month-over-month 0.34% (up from December's 0.24%), year-over-year 2.5% (slightly below December's 2.6%).
The core CPI forecast range is very wide (0.25%–0.42%), with increased uncertainty due to year-end factors and tariff pass-through effects.