What Will Happen With US Inflation (CPI) Data This Week?

After getting major Central Bank announcements and the October NFP release out of the way last week, this week is relatively light on economic data and events. However, there is still some important data and the main focus will be on inflation data coming mid-week, with CPI data being released on Wednesday.

The expectation is that CPI rose 0.5% in October, which is higher than the 0.4% we saw in September. This means the annual rate would be at 5.8% in October, which is up from the 5.4% annual rate in September and would be the…

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