Consumer Price Index ( CPI )

US inflation is expected to edge up to 2.6% in October 2024, marking the first increase in seven months after hitting a low of 2.4% in September. Key drivers include rising used-car prices, hurricane-driven increases in shelter and insurance, and higher airfares, while clothing, groceries, and gasoline are likely to ease, with gas prices set to hit a nine-month low. Core inflation, however, is expected to hold steady at 3.3%, reflecting balanced pressures in the economy. This shift could signal a turning point in inflation dynamics for the months ahead.

Recent News

Gold Weekly Trading Strategy

October 21, 2024

Market Insights

Gold Slips Below $2,900 Key Levels to Wa...

February 27, 2025

Market Insights

Inverted Head & Shoulders pattern emerge...

June 02, 2025

Market Insights

Gold at a crossroad: RSI Divergence is s...

August 28, 2025

Market Insights

Nasdaq 100 Approaching Key Support Zone...

March 13, 2025

Market Insights

Is Bitcoin at its turning point?

March 27, 2025

Market Insights

Ana

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window