US May CPI Inflation The Main Dish Today
US May CPI inflation is the main dish today. Consensus expects a 0.1% M/M headline increase with the Y/Y-figure declining further from 4.9% to 4.1% mainly driven by energy and base effects. These will continue to play a role in June as well. Core inflation is expected to rise by 0.4% M/M and 5.2% Y/Y (from 5.5% Y/Y).
Source: actionforex.com