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CPI Report and Its Potential Impact on the Fed and the Dollar (USD/JPY and GBP/USD May Resume Their Declines)
Today's main event will be the
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Today's main event will be the release of the US consumer inflation report for August, which could influence the Fed and affect its interest-rate decision.First, let us look at yesterday's market reaction to the release of producer inflation data, which showed an increase in both the headline and core figures in August. The market naturally reacted clearly to these developments: Treasury yields surged to levels not seen since autumn 2023, after which the Federal Reserve ended its cycle of interest-rate
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