A big Wednesday coming up in the US – Inflation data (September PPI) and FOMC minutes
<p>US September is PPI due on Wednesday at 8.30am US Eastern time.</p><p>I posted a preview yesterday:</p><ul><li><a href="https://www.forexlive.com/news/inflation-indicators-coming-up-later-this-week-in-the-us-ppi-cpi-20231010/" target="_blank" rel="follow" data-article-link="true">Inflation indicators coming up later this week in the US: PPI, CPI</a></li></ul><p>The consensus expected can be seen in the screenshot below. As for the ranges of estimates for the 'ex food & energy:</p><ul><li>for the m/m the range of estimates spans from 0.1% to 0.3%</li><li>and for the y/y 2.1% to 2.3%</li></ul><p>The ranges from the survey are useful to be aware of for such high-profile data. When the actual results fall outside the range of estimates the market impact can be outsized.</p><p>-</p><p>FOMC minutes follow at 1800 GMT:</p><ul><li>2pm US Eastern time </li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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