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US CPI the first key hurdle for markets this week

The April reading last month came in at 4.9% with the core annual estimate coming in 5.3%. This time around, the former is expected to drop to 4.1% in May with the latter falling to 5.3%. That comes despite expectations of a rise in the monthly estimates of 0.2% and 0.4% respectively.With base effect adjustments largely clouding the annual estimates, it may be about time that markets start paying more attention to what the monthly figures are telling us. I've highlighted that a couple of times s... Read More

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Posted: Jun 13 2023, 04:28

Author Name: forexlive

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