Tomorrow's CPI report is anticipated to reveal a fractional decline in inflation - 08/09/2022

Market participants, analysts, and economists are eagerly awaiting tomorrow’s U.S. consumer price index report for July, which will be released at 8:30 AM EDT. It is widely anticipated that tomorrow’s report will show a fractional decline in “headline” inflation (which includes energy and food). The slight downtick is expected to show that inflation vis-à-vis the CPI will come in at 8.7% to 8.8%, a decrease of 0.3% from June’s CPI showing that inflation was at a 41-year high of 9.1%... Read more: https://thegoldforecast.com/gold/2022/tomorrows-cpi-report-anticipated-reveal-fractional-decline-inflation