10 October 2022 | Other

Upcoming publication of the US consumer price index will determine the prospects for the Fed's November rate hike

Publication of key inflation data by the government could cause new difficulties in the US stock market, which is already under pressure at the moment.

The release of the consumer price index (CPI) is one of the central and most anticipated events of the coming days.

As expected, the consumer price index value, published on Thursday, will demonstrate the degree of how aggressive the steps of the Federal Reserve will be in terms of raising the key interest rate.

September's employment data that were released on Friday by the Department of Labor signaled a possible subsequent tightening of the Fed's policy, in connection with which the next report with economic data will play an important role.

Company MarketCheese
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
Today at 09:43 AM 5
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
Today at 09:43 AM 4
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
18 September 2026 37
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
18 September 2026 28
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
17 September 2026 41
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
16 September 2026 57
Go to forecasts