February CPI Preview: Let Me Guess - Big Downgrade To Hot January Data? seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
With the Fed's final rate increase now likely in the rear-view mirror and the markets pricing in decent chances for the central bank to cut rates by July, the spotlight will fall squarely on the next round of US inflation data out on Wednesday. Forecasts point to a slowdown in core CPI, although business surveys signaled the opposite. As for the dollar, it has been trading 'heavy' lately and it is doubtful whether even an upside surprise in this dataset can change that.
Cleveland Fed s CPI Nowcast almost at 7% forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.