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US CPI: lower-than-expected CPI may prove insufficient to stem yield surge

From home.saxo

Economists anticipate the CPI report for March to reveal a 0.3% rise in consumer prices on a monthly basis, a slight decrease from the 0.4% growth observed in February. However, the annual inflation rate is expected to rise from 3.2% to 3.4%. This anticipated uptick in annual inflation signals ongoing inflationary pressures within the economy, albeit at a slightly slower pace month-on-month. Yet investors have to bear in mind that breakeven rates are rising together wutg cinn and have hit the levels seen in November last year. Better-than expected inflation: bull-steepen the yield curve and bolster Treasuries across ... (full story)

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