{"id":83377,"date":"2024-05-15T11:34:25","date_gmt":"2024-05-15T08:34:25","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=83377"},"modified":"2025-12-30T12:44:33","modified_gmt":"2025-12-30T10:44:33","slug":"us-cpi-rates-are-set-to-shake-the-markets","status":"publish","type":"post","link":"https:\/\/www.smartchinaeducation.com\/ko\/us-cpi-rates-are-set-to-shake-the-markets\/","title":{"rendered":"US CPI rates are set to shake the markets"},"content":{"rendered":"

The US CPI rates for April are set to be released in today\u2019s American session. At this point in time, the expectations are for the Core CPI rate on a year-on-year level to decelerate to 3.6% from 3.8%. Furthermore, the headline CPI rate is also expected to decelerate on a year-on-year level to 3.4% from 3.5%. Thus, should the US CPI rates imply easing inflationary pressures, it could increase pressure on Fed policymakers to reduce the tight financial conditions surrounding the US economy. Whereas, should they come in higher than expected and hence imply persistent or even an acceleration of inflationary pressures, we may see the opposite occurring.The US Government unveiled new tariffs against China yesterday. In particular, the US Government quadrupled EV duties to over 100%, which could support US-based EV manufacturers such as Tesla (#TSLA). The EU\u2019s second revision of the bloc\u2019s GDP rates for Q1 are set to be released in today\u2019s European session. Currently economists are anticipating the GDP rate to accelerate to 0.4% from 0.1% on a year-on-year level, and to 0.3% from -0.1% on a quarter-on-quarter basis. Therefore, should the GDP rates come in as expected or higher, it could be inferred that the Eurozone\u2019s economy is growing, which in turn could provide support for the common currency. On the flip side, a deviation to the downside for the readings could weigh on the EUR.<\/p>\n\n\n\n

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