CPI and the Fed: Dancing on the edge of recession
CPI cruises to 9.1% annually in June, topping 8.7% estimate. Core inflation slips to 5.9%
Financial and Business News
CPI cruises to 9.1% annually in June, topping 8.7% estimate. Core inflation slips to 5.9%
The US Dollar Index (DXY) stays relatively quiet above as focus shifts to Consumer Price
EUR/USD heavily tested the parity level on Tuesday. In the view of analysts at ING,
Annual CPI in the US is forecast to rise to 8.8% in June. Markets are
The US Bureau of Labor Statistics will release the June Consumer Price Index (CPI) data
NZD/USD staged a modest recovery from sub-0.6100 levels, or over a two-year low. Sustained USD
Outlook: It’s another big week for data and events, including US CPI on Wednesday and
NZD/USD struggled to capitalize on last week’s modest recovery from over a two-year low. A
Economist at UOB Group Ho Woei Chen, CFA, comments on the release of the inflation
UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting assess the latest inflation