Title: Dow Moves Higher Ahead of CPI Data!
Post by: PocketOption on Jan 14, 2023, 08:39 am
Post by: PocketOption on Jan 14, 2023, 08:39 am
Dow Moves Higher Ahead of CPI Data!
Source: Dow Moves Higher Ahead of CPI Data! (https://www.orbex.com/blog/en/2023/01/dow-moves-higher-ahead-of-cpi-data)
Stocks and Indices have rallied ahead of today's CPI data.
Optimism was heightened over the slowdown of the Fed's rate hiking.
It is the final CPI report before the next interest rate decision, which is supposed to be a 50 BP rise.
Timestamps
DOW 01:45
SPX500 03:05
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Source: Dow Moves Higher Ahead of CPI Data! (https://www.orbex.com/blog/en/2023/01/dow-moves-higher-ahead-of-cpi-data)