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All eyes on the US CPI report later today

At his press conference last month, Powell highlighted four key economic data reports and today we'll be getting to the second one. And this is perhaps arguably the most important one considering that next month's consumer inflation report will come at a time when we are observing the Fed's blackout period.The expectation is that we will see a monthly increase in CPI of around 0.2% - both for the headline and core readings. That will translate to a 3.3% estimate for headline annual inflation (vs... Read More

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Posted: Aug 10 2023, 04:03

Author Name: forexlive

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