Since the Federal Reserve announced its September rate decision, consumer price growth in the US has accelerated across a wide range of goods and services. This signifies that underlying inflationary pressures are growing stronger.
Fed officials will announce another rate hike in December, with analysts expecting the central bank to also increase interest rates further.
Here’s what to expect for the week ahead:
The US will hold its midterm elections on November 8.
Voters will go to the polls to decide who will hold key offices in their respective states and cities. The result of this election is expected to have a major impact on the US economy, and analysts are keeping close tabs on the situation.
US CPI rose by 0.4% month-on-month in September, the highest reading in three months.
Analysts expect consumer prices to increase by a further 0.7%.
UK economic growth slowed by 0.3% month-on-month in August after rising by 0.1% in July.
Analysts expect GDP growth to be 0.1% for September.
The University of Michigan’s latest consumer sentiment survey in the US showed a reading of 59.9.
Economists forecast the index to come in at 60 for this month.
자주하는 질문
홍보
Risk Warning: Trading CFDs carries a high level of risk and may not be suitable for all investors. Leverage in CFD trading can magnify gains and losses, potentially exceeding your original capital. It’s crucial to fully understand and acknowledge the associated risks before trading CFDs. Consider your financial situation, investment goals, and risk tolerance before making trading decisions. Past performance is not indicative of future results. Refer to our legal documents for a comprehensive understanding of CFD trading risks.
The information on this website is general and doesn’t account for your individual goals, financial situation, or needs. VT Markets cannot be held liable for the relevance, accuracy, timeliness, or completeness of any website information.
Our services and information on this website are not provided to residents of certain countries, including the United States, Singapore, Russia, and jurisdictions listed on the FATF and global sanctions lists. They are not intended for distribution or use in any location where such distribution or use would contravene local law or regulation.
VT Markets is a brand name with multiple entities authorised and registered in various jurisdictions.
· VT Global Pty Ltd is authorised and regulated by the Australian Securities & Investments Commission (ASIC) under licence number 516246.
· VT Global is not an issuer or market maker of derivatives and is only allowed to provide services to wholesale clients.
· VT Markets (Pty) Ltd is an authorised Financial Service Provider (FSP) registered and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 50865.
· VT Markets Limited is an investment dealer authorised and regulated by the Mauritius Financial Services Commission (FSC) under license number GB23202269.
· VTMarkets Ltd, registered in the Republic of Cyprus with registration number HE436466 and registered address at Archbishop Makarios III, 160, Floor 1, 3026, Limassol, Cyprus.
Copyright © 2024 VT Markets.