Slowdown in US consumer price index in April
The US consumer price index for April has produced the following results.
✅Year-on-year CPI comparison
Financial estimates: +3.4% Results: +3.4%
✅Month-on-month CPI comparison
Financial estimates: +0.4% Results: +0.3%
✅Year-on-year core CPI comparison
Financial estimates: +3.6% Results: +3.6%
✅Month-on-month core CPI comparison
Financial estimates: +0.3% Results: +0.3%
As a result, the yen has appreciated and reached 154 yen.
In addition, the expected interest rate cut for the rest of the year has increased from 69% to 73%.
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