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US CPI Preview: Inflation Set to Rise – Why the Fed Won’t Care (Much)

From forex.com

The US government may be trending toward its longest shutdown in history, but the diligent employees of the Bureau of Labor Statistics are nonetheless working without pay to deliver the September CPI report – hats off to them! While the effort of the BLS employees is admirable, this month’s CPI report is unlikely to lead to any seismic shifts in markets. In the current environment, traders are more focused on developments on the US-China trade front – US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are poised to meet in Kuala Lumpur to set the stage for next week’s highly-anticipated meeting ... (full story)

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  • Category: Fundamental Analysis