- Analytics
- News and Tools
- Market News
- US: Inflation figures may manage to slow the Dollar's downward trend – Commerzbank
US: Inflation figures may manage to slow the Dollar's downward trend – Commerzbank
In the US, the December inflation figures will be released on Thursday. Economists at Commerzbank analyze how the CPI report could impact the Dollar.
Dollar will quickly be back in the penalty box on weak numbers
Those hoping for a clearer signal of an imminent rate cut from the Fed after the jobs report will likely be disappointed. Yes, inflation in the US continues to fall. But not very fast, according to our experts. An increase of around 0.25% MoM for both the headline and core rate does not indicate a rapid decline in inflation. According to our experts, the headline rate could even rise slightly to 3.2% YoY in December. The core rate is likely to remain uncomfortably high at 3.8%.
Perhaps the inflation figures will manage to slow the Dollar's downward trend. But I am afraid that the Dollar will quickly be back in the penalty box on weak numbers.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
