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Aylaah
US CPI COULD SET THE TONE FOR DECEMBER’S FED DECISION
October’s US CPI report is due November 10, with headline inflation expected to rise 0.3% month over month, down from 0.6%. Core CPI is forecast at 0.2%.
Stronger payrolls and a 4.1% unemployment rate have already shifted rate expectations. A hotter-than-expected inflation reading could add further pressure on risk assets, while softer data may ease concerns.
Markets are waiting for the next signal from the Fed.
#USCPIDecemberRateWatch
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