After a week of key jobs reports, inflation data is returning to the spotlight this week with Wednesday’s release of the US June Consumer Price Index and the Producer Price Index a day later. Expectations are for the CPI to fall below 4%. By JPRubin23
After a week of key jobs reports, inflation data is returning to the spotlight this week with Wednesday’s release of the U.S. June Consumer Price Index and the Producer Price Index the following day.
Investors will be looking for declines that could justify the U.S. central bank reversing course on its intent to raise interest rates 25 basis points . A return to monetary hawkishness would follow the Federal Reserve pausing rate hikes last month for the first time in more than a year. The Fed’s prescription has helped cut the CPI from 9% in August 2022 to May’s 4% reading, although it has more recently also raised concerns about an overstep that could cast the economy into a steep recession.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China’s CPI inflation arrives at 0% YoY in June vs. 0.2% previousChina’s annual Consumer Price Index (CPI) showed no growth in June, compared with the 0.2% annual gain seen in May, according to the latest data publi
Leer más »
USD Index Price Analysis: Downside pressure alleviated above 103.50DXY attempts a decent recovery following Friday’s post-Payrolls sharp retracement to the 102.20 region. While further consolidation appears likely in
Leer más »
GM Cuts Lyriq Price In China By Almost 14% As Price Wars Continue | CarscoopsCadillac gets in on price war in China, with cuts of more than $8,000, but no such measures are expected in the U.S. car auto cars
Leer más »
AUD/USD kicks off the week on the front foot near 0.6700, China’s inflation eyedAUD/USD is seeing a positive start to the key United States Consumer Price Index (CPI) week, as Aussie bulls cheer Friday’s sharp sell-off in the US D
Leer más »
Dow futures tick higher, CPI data in focus By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES TICK LOWER AS INVESTORS BRACE FOR BUSY WEEK $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Leer más »
Forex Today: Stocks Slip on Chinese Inflation DataChinese CPI at Zero; Stock Markets Lower; Yen, Aussie Weaken; USD/JPY Rising Again
Leer más »