Trading the News: U.S. Consumer Price Index (CPI) An uptick in both the headline and core U.S. Consumer Price Index (CPI) may undermine the near-term rebound in EUR/USD as it encourages the Federal Open Market Committee (FOMC) to implement higher borrowing-costs over the coming months. The U.S. Consumer Price Index (CPI) climbed to an annualized 1.9% in August from 1.7% the month prior, while the core rate of inflation held ...
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