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US CPI to bounce to 3.6%, Fed seen firmly on hold next week

Today, all eyes are on US August CPI data, with anticipation of a flare-up in inflation, primarily fueled by escalating oil prices. While broader CPI is expected to witness a surge, core CPI, which excludes volatile food and energy costs, is projected to experience moderated rise annually. Specifically, CPI is projected to rise by 0.6% […] The post US CPI to bounce to 3.6%, Fed seen firmly on hold next week appeared first on Action Forex... Read More

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Posted: Sep 13 2023, 03:34

Author Name: actionforex

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