US inflation: Another strong uptick likely – Danske Bank

FXStreet (Delhi) – Research Team at Danske Bank, expects that the market focus in today’s session will be on US inflation figures ahead of the Fed and another set of strong numbers are expected for the CPI.

Key Quotes

“We project another solid increase in core CPI of 0.2% m/m, which will take annual core inflation to 1.9%. For the headline we expect CPI at 0.0% m/m and 0.3% y/y.”