Pay Attention To US CPI lnflation Today

Investors now await U.S. Consumer Price Index (CPI) for more clues on the U.S. Federal Reserve’s monetary policy path, which is due later in the day. Analysts predicted that the print would hit a pandemic peak in June from a year earlier, the largest jump since 1981.

This is expected to show annual headline inflation, including food and energy, rising above May 8.6% level to 8.8%, a 40-year peak.

13 Jul 22 (Wed)

06:48 am