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US: Ahead of Fed, CPI in focus – Rabobank

FXStreet (Delhi) – Research Team at Rabobank, suggest that ahead of the much awaited Fed policy, release of US CPI data will take centre stage.

Key Quotes

“The consensus expectation is that headline inflation remained unchanged at 0.2% year-on-year, reflecting for a large part the impact of low oil prices.”

“The consensus expectation is an increase in the core measure to 1.9% from 1.8%. The most recent data, for July, showed that according to this measure inflation stood at 0.3% and core inflation at 1.2%, both well below target.”

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