CPI Expectations Drive Market Sentiment Before Inflation Report

The post CPI Expectations Drive Market Sentiment Before Inflation Report appeared first on Coinpedia Fintech News

The market is focused on today’s U.S. Consumer Price Index (CPI) report, due at 8:30 AM ET. Economists expect headline inflation to ease to 3.8% year over year, while core CPI is seen at 2.8%. A hotter-than-expected reading could lift Treasury yields and the U.S. dollar while pressuring equities. A softer report may boost risk …