REUTERS/Choi Dae-woongThis morning at 8:30 a.m. ET, new inflation numbers will be released.
Economists estimate that that
Excluding food and energy, economists believe core CPI was up 0.1% on the month and 1.7% year-over-year.
"CPI should touch a four-year low in year-on-year terms and existing home sales are projected to fall," says Credit Suisse chief economist Neal Soss.
"Dropping energy prices should offset a slight increase in food prices," said economists at Bank of America Merrill Lynch.