US: Inflation pressure to have remained muted – Danske Bank

Sandeep Kanihama FXStreet Contributor

Analysts at Danske Bank suggest that today's key release will be the US CPI inflation figures for October.

Key Quotes

“We expect inflation pressure to have remained muted, as CPI inflation is likely to have been negatively affected by the fall in energy prices in October. Hence, we project the headline CPI inflation rate to have fallen to 1.9% y/y from 2.2% in September, while the core inflation rate will remain unchanged at 1.7%.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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