Inflation forecasters expect: Core CPI: +0.30% in April (12-month rate to 3.6% from 3.8% in March) Headline CPI: +0.37% in April (12-month rate to 3.4% from 3.5% in March)
WHAT'S YOUR PREDICTION FOR WEDNESDAY'S US CPI INFLATION REPORT?
PREVIOUS: 3.5% Y/Y ESTIMATE: 3.4% Y/Y
Be careful Today, don't overleverage or force a position if you don't have a solid plan. This data significantly impacts #FED policies and market movements.