• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

US August CPI due today - preview - final piece of the puzzle for the FOMC meeting

Started by forex4you, Sep 13, 2023, 06:24 am

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

US August CPI due today - preview - final piece of the puzzle for the FOMC meeting

The data is due at 8.30 am US Eastern time.

Preview comments via CIBC:

  • August CPI will be the final piece of the puzzle for the Fed ahead of its September meeting
  • We expect the last few soft readings to start to form a trend, with core CPI in August expected to come in at a meagre 0.1% m/m as easing supply chains will weigh further on core goods prices.
  • We look for service prices to remain firm given solid demand but will be around the pace in recent months.
  • Favourable base effects will also help push the 12-month change in core inflation down meaningfully to 4.2%.
  • Headline CPI will tick up on higher gasoline prices to 3.5%.
  • Given the Fed is sitting in a data dependent position and will continue to weigh risk management considerations heavily, a downside surprise should be slightly bullish for fixed-income markets.


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: US August CPI due today - preview - final piece of the puzzle for the FOMC meeting

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com