The latest US CPI report missed all market forecasts and sent the US dollar index spinning lower. Later today, the FOMC meeting and economic projections.
2024-06-12 09:33:50Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 1.82% Oil ...US inflation slows in May: Headline CPI 3.3% vs 3.4% est., Core 3.4% vs 3.5% est. USD offeredThe latest US inflation report showed price pressures easing by more than forecast, with all headline numbers coming in below expectations and last month’s numbers. The move lower in core CPI y/y, from 3.6% to 3.
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