đšJUST OUT: U.S. CPI comes in HOTTER than expected, with both headline and core inflation beating forecasts.
Headline CPI YoY: 3.7% vs. 3.6% expected and 3.4% prior
Core CPI YoY: 2.6% vs. 2.5% expected and 2.4% prior
Both headline and core inflation accelerated from last month, signaling renewed price pressures.
The hotter-than-expected readings could reinforce expectations of a Fed RATE HIKE.
#CPIWatch
Headline CPI YoY: 3.7% vs. 3.6% expected and 3.4% prior
Core CPI YoY: 2.6% vs. 2.5% expected and 2.4% prior
Both headline and core inflation accelerated from last month, signaling renewed price pressures.
The hotter-than-expected readings could reinforce expectations of a Fed RATE HIKE.
#CPIWatch