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Markets Gear Up for CPI Data

Name: Markets Gear Up for CPI Data
Uploaded: 2024-01-11
Channel: David Kindley
Description: CPI YoY is projected to have risen in the final month of 2023, which is not a positive reading for the Fed.With the urgency to get back down to 2%, the Fed could leave rates higher for longer.Let's see if this will shake up the market even more when

By David Kindley On Jan 11, 2024 41 0

CPI YoY is projected to have risen in the final month of 2023, which is not a positive reading for the Fed.

With the urgency to get back down to 2%, the Fed could leave rates higher for longer.

Let’s see if this will shake up the market even more when the data is released.

Timestamps
EURUSD 01:20
GBPUSD 02:45

CPI Federal Reserve (FED)

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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