Jump to content

US Inflation Falls to 7.7% from 8.2%. What’s ahead for the Fed and the US Dollar?

Recommended Posts



  • October U.S. inflation rises 0.4% on a monthly basis and 7.7% compared to one year ago. Analysts were expecting the headline print to clock in at 0.6% m-o-m and 8.0% y-o-y.
  • Core CPI advances 0.3% on a seasonally adjusted basis, bringing the annual rate to 6.3%, two-tenth of a percent below expectations
  • Weakening inflationary pressures may prompt the Fed to slow the pace of interest rate increases

US Inflation Falls to 7.7% from 8.2%. What's ahead for the Fed and the


U.S. inflation remained high last month but showed tentative signs of moderation, according to a report released this morning by the Bureau of Labor Statistics, a sign that the Federal Reserve is making some progress in the fight to restore price stability after launching the most aggressive tightening campaign since the 1980s.

The latest batch of data published this morning showed the consumer price index, which measures what Americans pay for a representative basket of goods and services, climbed 0.4% on a seasonally adjusted basis, bringing the annual rate down to 7.7% from 8.2% in September. Economists surveyed by Bloomberg had expected the headline print to clock in at 0.6% month-over-month and 8.0% year-over-year.




Source: DailyFX Economic Calendar



Written by Diego Colman, Market Strategist for DailyFX

Link to comment

USD Slammed, Gold and EURUSD Jump After CPI

USD Slammed, Gold and EURUSD Jump After CPI

Nov 10, 2022 | DailyFX
James Stanley, Senior Strategist


  • This morning brought the release of CPI data out of the US for the month of October.
  • The data came in well-below expectations, with Core CPI coming in at 6.3% against an expectation of 6.5% and headline CPI printing at 7.7% versus an 8.2% expectation.
  • This has led to a massive move already, with an instant fall in the US Dollar that helped to push EUR/USD back-above parity. Equities have put in a major move ahead of the US open after falling down to key supports yesterday.

Full article

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 30/09/23 18:13
  • Posts

    • Sorry, I didn't get it... What's Dual investment? 
    • The crypto market appears to be showing signs of recovery, with significant improvements in the Sharpe Ratios of Bitcoin, BGB, and Ethereum, according to an article published on Friday.  The Sharpe Ratio, a measure used to understand the return of an investment compared to its risk, has seen a notable increase for both cryptocurrencies. Bitcoin's Sharpe Ratio has risen from -2.4 to 0.68, while Ethereum and BGB have also experienced a similar uptrend. This change signifies higher returns at lower risk, which is expected to attract more investors to the crypto market. In addition to the improved Sharpe Ratios, increased network activity and trading volume as shown on CEXs like Bitget, Binance, and a few DEXs are suggesting a healthier market state. The current trading prices of Bitcoin, reflect this overall positive market sentiment. As of Friday, Bitcoin was trading at $27,069.73, BGB at $0.454 and Ethereum at $1,677.89. These developments are significant as they indicate reduced risk in the crypto market. The increase in the Sharpe Ratios for Bitcoin, BGB, and Ethereum suggests that these cryptocurrencies are becoming less risky investments, which could potentially lead to an influx of new investors into the market.  Could this rise in Sharpe Ratios coupled with increased network activity and trading volume point towards a recovering and less risky crypto market?
    • Hi, That's great, thank you very much. Very helpful! Many thanks.
  • Create New...