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The risks to the US CPI data are skewed more heavily towards one side
This is a market that has been so desperate in looking for any signs of a Fed pivot and any hints of cooler inflation since Jackson Hole in August. The reaction to the last two US CPI prints is a testament to that and the estimates today are showing that annual consumer price inflation is expected to cool further to 7.3% in November, down from 7.7% in October.
In any case, it will mark a significant climb down from... Read More
Posted: Dec 13 2022, 12:18
Author Name: forexlive
Views: 110658