Consumer Price Index ex Food & Energy (YoY)

The US Federal Reserve has a dual mandate of maintaining price stability and maximum employment. According to such mandate, inflation should be at around 2% YoY and has become the weakest pillar of the central bank’s directive ever since the world suffered a pandemic, which extends to these days. Price pressures keep rising amid supply-chain issues and bottlenecks, with the Consumer Price Index (CPI) hanging at multi-decade highs. The Fed has already taken measures to tame inflation and is expected to maintain an aggressive stance in the foreseeable future.

Most recent - Tuesday 14 November 2023 13:30

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Tuesday 12 December 2023 13:30

The typical/expected impact on USD pairs is high.

The consensus forecast for Consumer Price Index ex Food & Energy (YoY) is 4%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Past events

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index ex Food & Energy (YoY) result:

About Consumer Price Index ex Food & Energy (YoY)

Related events