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All eyes on the US CPI data later today

Well, with markets now largely convinced that the Fed will head to the sidelines after last week's FOMC meeting decision, this will prove to be the first litmus test. You can argue that the US jobs report on Friday was a sort of test already but the inflation debate surely trumps that when you consider the prevailing circumstances.So, what can we expect from the US CPI data for April later in the day?The estimates are showing headline inflation to increase by 0.4% on the month, with the annual r... Read More

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Posted: May 10 2023, 04:00

Author Name: forexlive

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