"The Consumer Price Index (CPI)
is considered one of the key economic data points that have a significant
impact on the financial market.
The release of the Consumer Price Index (CPI)
today will indicate the rate of increase in overall prices.
In the case of a
high reading, it implies maintaining bank interest rates at their current
levels. Conversely, if the reading is lower than expected, it is anticipated
that bank interest rates will be reduced."
Dr. Kamaran Qader Yaqub (PhD in Economics and Finance), Financial Consultant at Investment Spot Company, specializing in trading in the Forex market.
