US CPI Prints at 2.1% vs Expectation of two.0, Core at 2.3%
US CPI Speaking Factors:
- This morning introduced the discharge of November US CPI information.
- Headline CPI got here in at 2.1% whereas Core CPI printed at 2.3%.
- Focus now shifts to the Federal Reserve and their December fee resolution and, maybe extra particularly, the dot plot matrix and the accompanying press convention as there’s minimal expectation for any precise strikes at immediately’s assembly.
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It’s a big day for the US Dollar as this morning introduced the discharge of CPI information for the month of November with the December FOMC fee resolution looming for later immediately at 2PM ET. And whereas the first focus is the Federal Reserve, the current stance out of the financial institution has put a extra…