US CPI

U.S consumer prices barely rose in November amid declines in the cost of gasoline and used cars, leading to the smallest annual increase in inflation in ...

Wall Street's main indexes opened sharply higher on Tuesday after a smaller-than-expected rise in U.S. consumer prices raised hopes that the Federal Reserve ...

US stock futures surged and Treasury yields plummeted following the report. The median estimates in a Bloomberg survey of economists called for a 0.3% rise in ...

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The rate of increase in the consumer price index (CPI) fell to 7.1 per cent last month, lower than the 7.3 per cent forecast by economists and down from 7.7 per ...

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Rent inflation may be moderating sooner than many feared. The annualized monthly rate of core inflation was only 2.4% in November, down from 3.5% in October ...

It shows that what the Fed has done is starting to take hold" "The Fed has raised rates pretty significantly over the course of this year and we're starting to see the real results today. "Now this is very much in line with what we've been thinking about for the coming year that inflation will slowly pull back. We're likely one or two more hikes away from where the Fed is aiming." The annualized monthly rate of core inflation was only 2.4% in November, down from 3.5% in October, and way lower than the 7.2% in September. [Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). If the inflation numbers stay where they are, we're already close to peak tightness for where monetary policy should be. [Fed](/topic/fed)tightening is also dampening demand. Annual inflation is slowing in part as last year's big increases drop out of the calculation, while Economists polled by Reuters had forecast the CPI gaining 0.3%. And I think what that tells us is that when the Fed meets tomorrow, they likely will have the ability to say we're raising rates by less than what they have been, at 50 basis points, and the place at which we stop will likely be at 5%." "Rent inflation may be moderating sooner than many feared.

"We recall that the latest inflation benchmarks have been mixed, with producer prices above expectations but consumer inflation expectations improving forecasts ...

The US Dollar is sitting in a technical bundle of key structures that has something for both the bulls and bears ahead of the release of US inflation.

The Greenback plummeted as stocks rallied on the back of more signs of easing price pressure, hinting at a cautious Fed. GBP/USD rose sharply with the initial reaction to the US inflation report and reached its highest level since early June above 1.2400. The author makes no representations as to the accuracy, completeness, or suitability of this information. EUR/USD gathered bullish momentum and advanced to its strongest level in six months above 1.0600 on Tuesday. The author has not received compensation for writing this article, other than from FXStreet. The author will not be held responsible for information that is found at the end of links posted on this page. The trendline was broken and the bulls are on the back side of it. In fact, the DXY's biggest daily drop and second-largest daily gain in 2022 have come on the back of prior CPI data. It also does not guarantee that this information is of a timely nature. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. If the data comes in hot, a move beyond the 50% mean reversion resistance near 1.05.65 could spell an upside correction continuation scenario for the near future. The Fed is widely expected to hike the funds rate by 50 basis points (bp) on Wednesday, after four consecutive 75 bp hikes.

US inflation data: Traders are now focusing on US retail inflation data and the Federal Reserve policy decision due on Wednesday.

After being in hibernation since the US November payrolls and services ISM reports, the peak inflation narrative got another lift this afternoon when US CPI ...

Recipients of such information who are resident in Singapore may contact CMC Markets Singapore on 1800 559 6000 for any matters arising from or in connection with the information. These sterling gains got extra traction after US CPI came in softer than expected at 7.1% and its lowest level this year, while core prices fell to 6%, below expectations of 6.1%, pushing the pound up through the 1.2400 level to a six-month high. Where such information is issued or promulgated to a person who is not an accredited investor, expert investor or institutional investor, CMC Markets Singapore accepts legal responsibility for the contents of the analysis or report, to the extent required by law. Low Sulphur Gas Oil tracked crude higher, printing one day vol of 51.01% against 47.63% on the month, whilst a similar pattern was seen with US Heating Oil, where the one-day vol reading came in at 48.5% versus 45.27% on the month. The weak US dollar has also given oil prices a lift, despite OPEC cutting its forecast for Q4 of this year, as well as Q1 2023. The nature of another bigger than expected fall in the headline CPI number is unlikely to be lost on the various FOMC members as they get set to meet later today and decide on a 50bps rate hike tomorrow. Wage growth also saw a healthy increase, pushing up to 6.1% and the highest level outside the pandemic since 2001, increasing the pressure on the Bank of England later this week to push rates up by 50bps. One day vol on the gold share basket printed 55.77% against 46.83% on the month. Hopes of improved demand plus supply constraints after the closure of a key US pipeline saw West Texas Intermediate crude add more than 5% during Monday’s trade, but it has been the distillates that have seen heightened levels of volatility. The increase in payrolled employee numbers appears to suggest that people are returning to the labour market as the rising cost of living alters the economic calculus when it comes to paying the bills. Whether or not that particular narrative survives first contact with Fed chair Jay Powell tomorrow, and the post meeting press conference remains to be seen, but it’s now getting to the point that Fed officials can no longer dismiss the direction of travel for headline CPI as one particular data point. Some cryptos saw elevated levels of price action.

European stock markets traded largely unchanged Tuesday in tight ranges ahead of the release of crucial U.S. inflation data later in the session which could ...

EUROPEAN shares climbed on Tuesday after softer-than-expected US inflation data spurred bets that the Federal Reserve would scale back the size of its ...

US government officials said they were not aware of any early leaks of closely watched inflation data Tuesday, following a surge of Treasuries buying that ...

The consumer price index reading supports forecasts for the Federal Reserve to reduce the pace of monetary tightening when it meets later on Wednesday. Here's ...

Investing.com -- European tech and digital retail stocks rallied on Tuesday after key U.S. data showed headline inflation in the world's largest economy fell by ...