[Danske Bank Preview on US CPI: May Lock the Fed's Wait-and-See Mode] Jin10 News, May 12 – Danske Bank analyst August Hyldgaard stated in a report that Tuesday's US consumer inflation data could solidify the Federal Reserve's wait-and-see stance. 'If the data exceeds expectations on the upside, coupled with strong labor market data, it will keep the Fed in its current wait-and-see mode.'