CPI GAME PLAN

CPI GAME PLAN


CPI-Consumer Price Index quantifies the rate of inflation (the rate of change in prices) from the perspective of consumers when they buy goods and services.
The bullish trend has a positive effect on the USD currency.

The consumer price index is one of the most watched indicators by currency traders and is a basic indicator for determining financial inflation and buying trends in society in the United States.

The main goal pursued by the central bank is to achieve price stability. Thus when the central bank wants to fight inflation, the reaction of the bank is to raise the interest rate to help prices fall. Higher interest rates attract foreign investment, thus increasing the demand for the country's currency.

The CPI reading is more attend to release between 6.4 - 6.6% depending on the JPMORGAN expectation

Davos Forum: Inflation is the biggest threat to the world in the next two years

we hope you be patient because during releasing the CPI market will be volatility



Regards
Srosh Mayi

Bình luận:

hello everyone:
in our readings, we did a mistake of about 6.4% or higher.
here I mean 6.6% or higher not 6.4%

sorry about that thanks