Last result of CPI + Actual Result of CPI = strong movement

13 Okt 2022

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher-than-expected reading should be taken as positive/bullish for the USD, while a lower-than-expected reading should be taken as negative/bearish for the USD.

Consumer price index forecasts from financial institutions:

• Credit Suisse 8%
  
  
• Barclays 8%
  
  
• Scotia Bank 8.1%
  
  
• Nomura 8.1%
  
  
• Bank of Montreal 8.1%
  
  
• Imperial Bank of Canada 8.1%
  
  
• Bank of America 8.1%
  
  
• Goldman Sachs 8.1%
  
  
• Georgavin Capital 8.1%
  
  
• JPMorgan 8.1%
  
  
• Morgan Stanley 8.1%
  
  
• Standard Chart 8.1%
  

Minutes of the Federal Reserve meeting: Inflation is still high and we will keep interest rates high

Federal Minutes: A very important point
Making a mistake in raising interest costs much less than delaying inflation and not raising interest rates
very positive for the dollar

previous CPI result: