In the US, the main data highlight next week will be the release of the CPI report, which should show a soft print for this month given falling gasoline prices and more benign housing rent data. Over in the UK, all eyes will be on the November GDP figures, where we're forecasting a modest rebound following the weakness seen in October. US: CPI report expected to show a soft print this month The data highlight in the US will be consumer price inflation. The Federal Reserve certainly appears to be more relaxed about the inflation backdrop, with the minutes of the December FOMC meeting acknowledging that upside risks ... (full story)