From Investing.com: 2025-02-12 06:07:00

The US CPI inflation data for February 2025 is being released today, with economists predicting a 0.3% increase in headline inflation, keeping the yearly rate at 2.9%. Market impacts based on different CPI scenarios on the US Dollar are outlined in a table provided in the article.

Inflation concerns persist as prices rose by 0.4% in December 2024, leading to an annual rate of 2.9%. Fed Chair Jerome Powell noted that there is no rush for further rate hikes as they monitor the impacts of economic policies. Expected January inflation is a 0.3% increase, driven by auto insurance and housing-related costs.

A table created by Zain Vawda outlines potential market impacts from today’s CPI release, anticipating short-term volatility. The US Dollar faces resistance at 108.49, with support at 107.50 and 107.00. Today’s data unlikely to break the recent trading range between 107.00 and 108.49 handles.



Read more at Investing.com: US CPI Release Today: What to Expect and Market Reactions