OctaFX | OctaFX Forex Broker
Open trading account

US: Annual pace of headline inflation to remain well below 1.0% - Westpac

FXStreet (Delhi) – Research Team at Westpac, suggests that the US headline inflation continues to be restrained by ongoing declines in the oil price as well as the impact of the stronger US dollar on import prices.

Key Quotes

“The effect of both factors is abating, but only slowly. In Nov, energy prices are again expected to be a drag, one that should see a broadly flat monthly headline outcome. The annual pace of headline inflation will firm; however, it will remain well below 1.0%yr.”

“In contrast, core pressures will continue to rise at a robust pace, circa 0.2%, leaving annual core inflation in line with the FOMC's 2.0%yr medium-term target. For core inflation, the key drivers remain housing (primarily rents), health and insurance; momentum in all three components should persist.”

Fed: Forward guidance likely to stress gradual pace and data dependency – Rabobank

Philip Marey, Senior US Strategist at Rabobank, suggests that the forward guidance for the hiking cycle after the December hike is likely to stress both a gradual pace and data dependency.
Read more Previous

China: Changing the perception towards RMB exchange rate movements – Deutsche Bank

Research Team at Deutsche Bank, notes that the PBoC published its new trade weighted exchange rate index for the Renminbi.
Read more Next
Start livechat