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Tuesday, November 14, 2017

US CPI final demand MoM for Oct 0.4% vs. 0.1% est.

Ex food and energy MoM 0.4% vs 0.2% estimate  US inflation! US CPI came in better than expected: The initial reaction in the dollar is a move higher but the moves are somewhat limited so far, but the Fed certainly does not have a reason not tighten in December (it was pretty much baked in the cake anyway).  
US CPI final demand MoM for Oct 0.4% vs. 0.1% est.

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