The end of the week brings a bundle of economic releases in the US with inflation readings. With both inflation rate and CPI (consumer price index) being released, markets might be bracing for a large jump.
With energy and oil prices being pushed to higher levels recently, its no surprise that inflation levels are forecasted to increase. As its stands, forecasting for this afternoon suggest a jump in inflation rates levels from 2.4% in its previous month, to 3.3% as forecasted.
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