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US August CPI due today - preview - final piece of the puzzle for the FOMC meeting
The data is due at 8.30 am US Eastern time. Preview comments via CIBC:August CPI will be the final piece of the puzzle for the Fed ahead of its September meetingWe expect the last few soft readings to start to form a trend, with core CPI in August expected to come in at a meagre 0.1% m/m as easing supply chains will weigh further on core goods prices. We look for service prices to remain firm given solid demand but will be around the pace in recent months. Favourable base effects will also help...
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Posted: Sep 12 2023, 21:25
Author Name: forexlive
Views: 111438