US CPI will be eyed ahead of the December12-13 FOMC meeting ...Middle East

US inflation data is due on Tuesday. While the December Federal Open Market Committee (FOMC) meeting is expected to be an on-hold decision any blowout in headline and/or core above maximum estimates (see below) will spark speculation that the meeting could shift to 'live'. Expectations for the headline rate centre on 0.1% m/m and 3.3% y/y with range:m/m 0.0 to 0.3%y/y 3.2 to 3.7%Expectations for the core rate (excluding food and energy) centre on 0.3% m/m and 4.1% y/y with ranges:m/m 0.2 to 0.4%y/y 4.0 to 4.2%Preview comments via TD:Our forecasts for the October CPI report suggest core inflation gained additional speed for a third month straight: we are projecting an above-consensus 0.36% Mo

Read More Details
Finally We wish PressBee provided you with enough information of ( US CPI will be eyed ahead of the December12-13 FOMC meeting )

Also on site :

• South Africa seeks US trade deal after Trump’s 30% citrus tariff
• Josh O’Connor Goes Full Cowboy in ‘Rebuilding’ as Director Max Walker-Silverman Takes on Life After the Fires: ‘Loss Often Comes With Love’
• Japan starts deploying Osprey fleet at a new base to beef up southwestern defense