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: 03.08.2026 Expectation: 3300 pips
Buy USDCAD on widening greenback-loonie advantage
Yesterday at 10:30 AM 28
Period: 10.08.2026 Expectation: 800 pips
AUDCAD keeps rebounding on reduced volatility
Yesterday at 10:30 AM 15
Brent sell
Period: 17.07.2026 Expectation: 700 pips
Brent crude sell-off targets $65
Yesterday at 08:43 AM 30
Period: 10.07.2026 Expectation: 900 pips
GBPUSD rallies as markets rethink Fed rate path
Yesterday at 06:19 AM 23
Gold buy
Period: 02.08.2026 Expectation: 150 pips
Invest in gold as $4,000 holds
02 July 2026 68
Period: 02.08.2026 Expectation: 2400 pips
Buying USDJPY upon updating all-time highs
02 July 2026 33
Go to forecasts