-
US CPI Preview: US Inflation to Confirm September Cut by the Fed?
Today’s release of the US CPI data has a consensus expectation of a 0.2% month-over-month increase for July, which is likely to cement a rate cut by the Federal Reserve in September. Approaching the inflation readings in April and May, markets were considerably more anxious due to the March spike to 3.5%. However, the dynamics have shifted following a series of weakening data from the US, along with encouraging signs from the June inflation print, which reached 3%, a one-year low. In response to this softening data, market participants have started to aggressively price in rate cuts from the Federal Reserve as ... (full story)
- Comments
- Subscribe
-
- Older Stories
From xm.com|Aug 14, 2024USDJPY continues to trade sideways, hovering around the 146.65-147.71 area for the fifth consecutive session. The bears are holding most of the gains of the sizeable correction ...
From apnews.com|Aug 14, 2024Japan, one of the most earthquake-prone nations on earth, issued its first-ever “megaquake advisory” last week after a powerful quake struck off the southeastern coast of the ...
From bnnbloomberg.ca|Aug 14, 2024|1 commentForecasters expect a monthly report on US consumer prices to show another modest increase last month, reinforcing widespread expectations for a Federal Reserve interest-rate cut ...
-
- Newer Stories
From bls.gov|Aug 14, 2024|19 commentsThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, after declining 0.1 percent in June, the U.S. Bureau of Labor ...
From cnbc.com|Aug 14, 2024Japanese Prime Minister Fumio Kishida is stepping down in September, a move that sparked a broad range of reactions from government officials and analysts. By choosing to not run ...
From home.saxo|Aug 14, 2024EURGBP has bounced from the 0.382 retracement and support at around 0.8530, thus resuming its uptrend. EURGBP is likely to re-test the strong resistance around 0.8620–0.8625. A ...
- Story Stats
- Posted: Aug 14, 2024 7:47am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 7,310
- Linked events:
