US CPI set to move gold and silver markets

From blog.hycmlab.com

The US CPI print on Wednesday at 13:30 UK time sits in a light calendar week for US data. The CPI print is likely to draw significant attention tomorrow to see how the US is doing in its fight against inflation. Over the last year, headline inflation has been consistently falling in the US month over month. Today’s print is expected to show another drop with expectations of a 3.1% print which is down from the 4% prior. The core inflation print has remained stickier in the US, as it has throughout many other major Western economies. The current reading is 5.3% and that is expected to fall lower to 5%. The financial ... (full story)