The big release on all dollar watchers’ radars this week will be the latest inflation rate, issued by the U.S. Bureau of Labor Statistics on Thursday.
US inflation is forecast to slow again, this time to 6.7% following November’s fall to 7.1%. If markets are correct, this will point to an ease in inflation for the sixth consecutive month.
Despite the bigger-than-expected slowdown, annual inflation in the US is set to remain more than three times the Federal Reserve’s target of 2%.
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