📆 Tuesday, June 13
v- the Consumer Price Index (CPI) – to be released later today (12:30 UTC+0), even as they take into account the impact of China's stimulus measures. The CPI data has potential implications for the Fed's future interest rate decisions – even though it is not the Fed's preferred inflation measure.
► Economists expect the CPI to rise 0.2% in May, with the annual rate falling to 4.1%. The more important core CPI is expected to rise 0.4%, falling to an annual rate of 5.3%.
► The consensus in the market is that the latest CPI numbers indicate easing inflation, which could give the Fed room to pause on rate hikes. This would be a significant policy shift, marking the first pause after 10 straight rate hikes since March 2022.
Subscribe to see more
