The next inflation reading from the U.S. will still be way too high to prevent another round of interest rate hikes. Year-over-year consumer price growth is expected to edge lower, to 8.0% in October from 8.2% in September. But that is despite an expected large 0.7% month-over-month increase. The price of gasoline rose 4% from […]
The post U.S. Inflation Data to Foreshadow Further Interest Rate Hikes appeared first on Action Forex.