US Inflation expectations refresh two-week high ahead of Core PCE Price Index – by anilpanchal7 Inflation RiskAppetite DollarIndex Fed
However, the US inflation expectations as per the 10-year and 5-year breakeven inflation rates per the St. Louis Federal Reserve data, challenge the dovish bias by refreshing the multi-day high. The same should challenge the US Dollar bears ahead of the Fed’s preferred inflation gauge, namely US Core Personal Consumption Expenditure The latest prints of the 5-year and 10-year inflation expectations rose to 2.41% and 2.34% respectively to reach the highest levels since November 15.
To sum up, the inflation precursors warrant the USD bears to remain cautious ahead of the key US data.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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