US Dollar: Hotter CPI and equity risks – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner expect a 0.9% MoM United States (US) Consumer Price Index (CPI) print, above consensus, with core at 0.3% MoM.
With a hotter-than-expected CPI print, the US Dollar is likely to strengthen as traders anticipate tighter monetary policy. This could lead to increased volatility in equity markets as investors reassess risk.
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner expect a 0.9% MoM United States (US) Consumer Price Index (CPI) print, above consensus, with core at 0.3% MoM.
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