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US August CPI preview: Are we worried about now or later?

US August CPI preview: Are we worried about now or later?
It's been a sluggish start to the US trading week (though not the Tokyo week) but that will change on Wednesday with the release of the August consumer price index report.There's no scope for this data point to meaningfully change the odds of a September Fed rate hike, which is currently priced at just 7%. But it will move the November/December pricing, which is closing in on 50%.There's an ongoing debate in the market about which is more important, the headline number or the core. Let's start w... Read More
Posted: Sep 12 2023, 19:14
Author Name: forexlive
Views: 101937

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