US inflation expectations retreat from record top ahead of CPI By anilpanchal7 Inflation RiskAppetite CPI Events Fed
In doing so, the inflation gauge stepped back after refreshing the all-time high with a 2.90% figure the previous day.
Despite the latest pullback, the inflation expectations do suggest an upside risk to today’s US Consumer Price Index data for February, which in turn could propel the US Federal Reserve to rethink over 0.50% rate hike in March.In addition to the US inflation data, the peace talks between Russia and Ukraine in Turkey are also important to follow for fresh impulse.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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