US CPI Data Is Expected To Show Inflation Remained Broadly Stable In November, Leaving The Fed's Dilemma Intact
Annual inflation in the United States (US), as measured by the change in the Consumer Price Index (CPI), fell 2.7% in November, according to a report by the US Bureau of Labor Statistics (BLS) on Thursday.
The US Bureau of Labor Statistics (BLS) will release key Consumer Price Index (CPI) data for November on Thursday at 1:30 PM GMT.
The inflation report will not include the CPI for October and will not offer a monthly CPI figure for November, due to the lack of data collection during the government shutdown. Therefore, investors will be closely watching the annual CPI and core CPI figures to assess how inflation dynamics could impact the Federal Reserve's (Fed) policy outlook. (alg)
Source: FXstreet