US CPI to set the tone for Fed rate policy | Crypto Craft

  • US CPI to set the tone for Fed rate policy

    From blog.hycmlab.com

    Markets are expecting the Fed to hike rates by 25bps on May 3 to 5.125% from the current rate of 4.875%. However, one of the crucial factors for that rate decision will be how the US is managing inflation. This is what Wednesday’s print at 13:30 UK time is going to tell us. The market is expecting the headline CPI print for March to fall to 5.2% from 6%. The highest expectation from polled economists is for a 5.9% print. The lowest expectation is for a 5.1% print. So, that tells us two things. Firstly, inflation is expected to fall and that is positive for a slower rate path. Secondly, any print under 5.1% will be ... (full story)

Comment Options
Bakker
Apr 12, 2023 7:21am
Permalink
Poor CPI will send dollar down.
Reply
Bakker
Apr 12, 2023 7:37am
Permalink
The MM's took the USD to the upside right before the CPI just to be in a better position to sell.
Reply
Bakker
Apr 12, 2023 8:05am
Permalink
Quoting Olu
You guys are too suspicious. Everything is not about the MM. Data has now been published and inflation is softer. Market has taken off to the upside. BTW what happens later is anyone's guess
Now please tell me what trader will start buying/selling right before the number comes out? Must be a very stupid trader unless its a gambler.
Draw support and resistance line on 15m chart, maybe a light will go on for you.
Reply
Bakker
Apr 12, 2023 10:07am
Permalink
Quoting Ericedge
As far as forex trading is concerned your best and most reliable indicator is your chart.
Agree 100%
Reply
rafat habeb
Apr 12, 2023 7:18am
Permalink
bad for everything be carfull when u trade
Reply
Olu
Apr 12, 2023 7:56am
Permalink
You guys are too suspicious. Everything is not about the MM. Data has now been published and inflation is softer. Market has taken off to the upside. BTW what happens later is anyone's guess
Reply
b_hand
Apr 12, 2023 9:07am
Permalink
a recession will occur more quickly when the FED raises interest rates!!!
Reply
ffmonry
Apr 12, 2023 5:53am
Permalink
markets will sell on news today.
Reply
Ericedge
Apr 12, 2023 5:37am
Permalink
Inflation inflation inflation!!!
Ericedge
Apr 12, 2023 8:22am
Permalink
If you re not an inside trader, you can never be successful trading the news.
Ericedge
Apr 12, 2023 8:24am
Permalink
As far as forex trading is concerned your best and most reliable indicator is your chart.
khronos
Apr 12, 2023 7:59am
Permalink
Quoting Guest
2008 CPI Y/Y: 5.6% -> 5.4% -> 4.9% -> 3.7% -> 1.1% and things got bad real quick. When inflation starts dropping this fast as forecast suggests, bad things start to happen. I feel it in the air..

With delinquencies at historical lows 2023 vs 2008, unlikely this year but give it a minute - there's nothing in the air right now other than MSM bs.

Make up your own mind.

https://fred.stlouisfed.org/series/DRALACBN
Reply
Ftmofx
Apr 12, 2023 6:00am
Permalink
CPI forecast down. How can we expect rate hike? Investor are reassessing the weak USD
Trader#F140
Apr 12, 2023 6:38am
Permalink
2008 CPI Y/Y:

5.6% -> 5.4% -> 4.9% -> 3.7% -> 1.1% and things got bad real quick. When inflation starts dropping this fast as forecast suggests, bad things start to happen. I feel it in the air..
Reply
  • Story Stats