Market Overview Analysis by Investing.com (Francesco Casarella) covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Investing.com (Francesco Casarella)'s latest article on Investing.com
Expectations include a slight decrease in core CPI and a marginal increase in overall CPI.Annual Core CPI: Expected to decrease slightly from 3.8 percent to 3.7 percentMonthly Core CPI: Anticipated to drop slightly from 0.4% to 0.3%It's common to see treasury yields decline as an initial reaction to lower-than-expected CPI figures .
So, we must consider: What if things don't go according to plan? What if, for instance, there's no rate cut in 2024 because inflation hasn't been tamed yet?of a rate cut in March . Now, even in May, certainty keeps falling with odds for unchanged rates at 98.5%.
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