The high-impact US Consumer Price Index (CPI) inflation data for March will be published by the Bureau of Labor Statistics (BLS) on Wednesday at 12:30 GMT.
The US Consumer Price Index is set to rise 3.4% YoY in March, following the 3.2% increase in February. Annual core CPI inflation is expected to edge lower to 3.7% YoY in March. The inflation report could impact the market pricing of the June rate cut probability. The high-impact US Consumer Price Index inflation data for March will be published by the Bureau of Labor Statistics on Wednesday at 12:30 GMT.
0870 and starts using this level as support, it could target 1.0960 next. If 1.0830 support fails, technical sellers could take action and pave the way for an extended slide toward 1.0700 .” Economic Indicator Consumer Price Index Inflationary or deflationary tendencies are measured by periodically summing the prices of a basket of representative goods and services and presenting the data as The Consumer Price Index .
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