The US CPI information is right here ICYMI:
And the responses have begun to filter in:
This snippet through BMO:
- slower than anticipated will increase in shopper costs on each headline and core measures
- one other month of slowing inflation information provides to the case for a sooner arrival at a decrease terminal price
- had we seen an upside shock within the
inflation information, the case may have been made for a 5.5% or increased
terminal projection, however CPI bolsters the case for the rise in
terminal forecasts to be extra measured
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https://photographs.forexlive.com/photographs/USpercent20CPIpercent20monthly_id_0a52ce96-dca9-4f67-ae6f-e844636da6ff_size775.jpg
