Check Out Tonight's US CPI Data Survey

<p>&nbsp;The important economic data of the U.S. Consumer Price Index (CPI) will be published tonight at 9.30 pm.</p><p><br /></p><p>The result of the inflation rate that will be reported can have an impact on the Fed's decision whether to maintain the existing interest rate for longer or otherwise.</p><p><br /></p><p>We at Saracen Markets see the December inflation data that will be reported to be able to give a "soft inflation" reading.</p><p><br /></p><p>The inflation reading this December will be seen to give confidence to the Fed in assessing the actual situation of inflation in the country.</p><p><br /></p><p>This is because December is the month of "festive season" where at that time, the spending pattern of people in the country increases.</p><p><br /></p><p>In addition, the factor of falling prices of goods at that time also had an impact on people's spending patterns.</p><p><br /></p><p>The fall in the price of goods that has occurred in the country is due to the disinflation of imported goods from China.</p><p><br /></p><p>Expected U.S. CPI Data</p><p><br /></p><p>Previous Reading Expectation Data</p><p>Core CPI(MoM)(Dec) 0.20% 0.30%</p><p>Core CPI (YoY)(Dec) 3.80% 4.00%</p><p>CPI (MoM)(Dec) 0.20% 0.10%</p><p>CPI (YoY)(Dec) 3.20% 3.10%</p><p>Any reading recorded as much as 0.40% for the production of "Core CPI" data will give a "boost" to the American Dollar.</p>