US CPI

US CPI

Inflation is crucial for the US dollar’s valuation. Heightened inflation rates represent a reason for the Federal Reserve to raise interest rates in order to maintain the prices stable. US CPI (Consumer Price Index) is closely watched by the Fed’s officials. Any significant deviation from the norm can lead to rate hikes, while lower figures, on the contrary, would disappoint USD bulls. That’s why traders need to keep track of American CPI.  

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