Hotter US CPI doesn't change the picture [Video]
![Hotter US CPI doesn't change the picture [Video]](https://editorial.fxstreet.com/images/Macroeconomics/EconomicIndicator/Prices/Inflation/dictionary-series-economics-inflation-5454494_XtraLarge.jpg)
Thursday’s round of hotter US inflation data hasn’t done much to shake things up, with the US Dollar and US equities relatively stable all things considered. We believe this has a lot to do with the fact that the market had already repriced expectations for a less aggressive 25-basis point rate cut from the Fed at the November meeting, given last week’s US jobs report.
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LMAX Group Research Desk
LMAX Group
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