US October CPI: No Spooky Surprises

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/03/f-inflation67.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2023/03/f-inflation67.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/03/f-inflation67-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/03/f-inflation67-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/03/f-inflation67-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Summary October&#8217;s softer-than-expected CPI print is an encouraging development for the FOMC and reinforces our view that the FOMC has ended its hiking cycle. But, we do not see the latest data as a game-changer for inflation&#8217;s path ahead. With inflation in October held down by volatile components like gasoline, travel services and autos, we [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/527380-us-october-cpi-no-spooky-surprises/">US October CPI: No Spooky Surprises</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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