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What are the stakes for Thursday's US CPI report?

What are the stakes for Thursday's US CPI report?
The highlight of the week on the US economic calendar is Thursday's consumer price index report.Importantly, this report is the anniversary of the September 2022 CPI report and that one marked the bottom of the Nasdaq. On that day, the US reported a hotter CPI report but the market concluded that the peak was near.Ultimately, that proved to be the case as September 2022 core CPI at 6.6% marked the top on the way to 4.3% in August and an expected reading of 4.1% on Thursday.Headline CPI had peake... Read More
Posted: Oct 11 2023, 19:22
Author Name: forexlive
Views: 110934

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