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The major economic releases this week include US CPI inflation

The economic calendar is a bit light but will be highlighted by the US CPI data on Thursday. The sharp falls due to calendar effects have run its course. The next two months will have low CPI readings of 0.0% and 0.1% drop out of the yearly inflation numbers. So although inflation is expected to rise 0.2% this month, the YoY is expected to rise to 3.3% from 3.0%. It will take a reading of 0.0% or lower to make progress on the YoY inflation readings. That will keep the option open for Fed offic... Read More

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Content Topics

Major

Economic

Releases

This

Week

Include

Inflation

Forex

Posted: Aug 6 2023, 21:05

Author Name: forexlive

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