CPI EXPECTATION RESULT

10 Nov 2022

CPI Consumer Price Index

The consumer price index determines the rate of inflation ( the rate of change in prices) from the point of view of consumers when they buy goods and services.

An uptrend has a positive effect on the USD. The Consumer Price Index is one of the most watched indicators by currency traders and is considered a key indicator for determining financial inflation and buying trends in the community in the United States.
The main objective that the Central Bank seeks is to achieve price stability; Thus when the central bank wants to fight inflation,

the bank's reaction is to raise the interest rate to help prices fall. High-interest rates attract foreign investment, thus increasing the demand for the country's currency

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