US July Inflation Print Due At 6 PM IST, Economists Poll Points To 3.4% Annual Rate
The US consumer price index for July is scheduled for release at 6 pm IST. A widely tracked economists poll points to a 0.1% rise over June, with the annual rate seen easing to about 3.4%. The reading is expected to shape Federal Reserve rate expectations for September.
Nictick — educational context
CPI measures the change in prices paid by consumers. Central banks watch it closely because persistent inflation can delay rate cuts. Global assets such as equities, bullion and currencies often see higher volatility around the release window of such data.