US CPI to Dictate Dollar’s Path, GBP/JPY Poised Ahead of UK Employment Figure

<p><img width="454" height="277" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-usd43-e1628941472140.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/04/f-usd43-e1628941472140.jpg 454w, https://www.actionforex.com/wp-content/uploads/2018/04/f-usd43-e1628941472140-150×92.jpg 150w, https://www.actionforex.com/wp-content/uploads/2018/04/f-usd43-e1628941472140-300×183.jpg 300w" sizes="(max-width: 454px) 100vw, 454px" /></p>
<p>The financial markets are intently focused on the upcoming US CPI report, a key indicator that could influence Fed’s next steps. Expectations are leaning towards further slowdown in headline inflation to 3.3%, while core inflation rate is projected to remain steady at 4.1%. However, there’s a growing consensus among economists about the potential for upside […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/527215-us-cpi-to-dictate-dollars-path-gbp-jpy-poised-ahead-of-uk-employment-figure/">US CPI to Dictate Dollar’s Path, GBP/JPY Poised Ahead of UK Employment Figure</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>