Due at 8.30 am US Eastern time (1330 GMT):
For the full information on this post, and more, see these posted earlier:
- US CPI data due Wednesday, here are the ranges of estimates (why they’re crucial to know)
- What is the distribution of forecasts for the US CPI?
CPI Headline y/y, expected 2.9% with the range showing:
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2.9 – 2.9% (yes, really)
CPI Headline m/m expected 0.3% with the range showing:
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0.2 to 0.4%
CPI excluding food and energy (the core rate of inflation) y/y expected 3.1% with the range showing:
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3.1 – 3.2%
CPI excluding food and energy (the core rate of inflation) m/m expected 0.3% with the range showing:
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0.2 to 0.4%
Powell later will repeat himself but the Q&A could contina some comments that differ – not too jcuh, he isn;t going to change his core message.
This article was written by Eamonn Sheridan at www.forexlive.com.
