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Us Consumer Price Index

All articles tagged with #us consumer price index

financeeconomics1 year ago

"US Inflation Data: Impact on Federal Reserve Decision and Rate Cut Speculation"

The US Consumer Price Index (CPI) data for February is expected to show a 3.1% YoY increase, with the Core CPI inflation rate forecasted to edge lower to 3.7%. This report could impact the timing of the Federal Reserve's policy pivot, potentially affecting the US Dollar (USD) and currency pairs like EUR/USD. Markets are currently pricing in a 75% probability of a Fed rate cut in June, and the upcoming CPI figures could influence market positioning. The Fed aims to maintain price stability and maximum employment, and the inflation data will be closely watched as the central bank considers its policy decisions.

via FXStreet|
#federal-reserve#financeeconomics#inflation
economy2 years ago

"US Consumer Price Index Indicates Potential Easing Ahead of Fed Meeting"

The US Consumer Price Index (CPI) is expected to rise 3.1% YoY in November, down from the 3.2% increase in October. The Core CPI, which excludes volatile food and energy prices, is forecast to hold steady at 4%. The CPI data could impact the valuation of the US Dollar ahead of the Federal Reserve's policy announcements. The Fed is widely expected to leave interest rates unchanged at its last meeting of the year, but the decline in inflation and signs of a cooldown in the labor market have led to speculation of a policy shift.

via FXStreet|
#economy#federal-reserve#inflation
finance2 years ago

European Stocks Soar on Positive Momentum and Rate Outlook Optimism

European stock markets closed higher as positive global momentum continued, with the Stoxx 600 index ending 0.1% higher. Oil and gas stocks rose despite uncertainty in oil markets due to the Israel-Hamas war, while travel and leisure dropped as multiple airlines suspended flights to Israel. The U.S. Federal Reserve's interest rate hikes are being questioned after dovish remarks from officials, and markets are now predicting a high probability of the Fed holding steady in November and December. European Central Bank officials also reinforced the message that rates may have peaked. The UK economy grew slightly in August, in line with expectations, while the US consumer price index rose more than predicted in September.

via CNBC|
#ecb#european-stocks#finance
finance2 years ago

Asian markets react to US inflation data and China's inflation reports.

Asia-Pacific markets traded mixed as investors digested the U.S. consumer price index, which rose less than expected for April. China's inflation rate for April came in slower than expected at 0.1%, compared to the 0.4% forecasted in a Reuters poll. The Nasdaq Composite added 1.04% as investors fled to technology stocks on the tamer-than-expected inflation report, while the S&P 500 advanced 0.45%. Meanwhile, New Zealand's food inflation rose 12.5% YoY in April, the largest increase since September 1987, and the Philippines' first quarter GDP grew 6.4% YoY, beating expectations.

via CNBC|
#asia-pacific-markets#china#finance