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: 04.09.2026 Expectation: 900 pips
Selling AUDUSD down to 0.69250
Today at 08:52 AM 1
Period: 31.12.2026 Expectation: 3400 pips
Buy GBPUSD with 1.4000 in sight
Yesterday at 12:31 PM 38
Period: 30.09.2026 Expectation: 1800 pips
Go long on AUDUSD with 0.72100 target
Yesterday at 12:31 PM 29
Period: 17.08.2026 Expectation: 270 pips
Silver sell-off targets $55.50
Yesterday at 11:19 AM 23
Period: 10.08.2026 Expectation: 950 pips
EURUSD shows signs of overheating after recent rally
Yesterday at 09:22 AM 31
Period: 17.08.2026 Expectation: 170 pips
Invest in SPX up to $7,700
Yesterday at 06:56 AM 26
Go to forecasts