United States Inflation Rate forecast to Improve

United States Inflation Rate

The trend has been improving over the course of twelve months although more recently has been falling from the high’s of June and July of almost three percent.

The consensus forecasts the inflation to rise again following on from five releases of month on month stagnation.

United States Inflation Rate
US Annual Inflation

Fundamental and Geopolitical Analysis

Recent comments from the central bank…

…supporting strong labor market conditions and a sustained return to 2 percent inflation.

  • Other than the mid term elections last week there are no geopolitical events of concern.
  • Interest rates remained on hold at last weeks FOMC meeting.

Sentiment Analysis

  • Dollar has gained strength following the interest rate decision and coming out of a lull in the run up to mid term elections.

 


Photo by James Balensiefen on Unsplash