MarketsNotableReportedDeveloping
5.2
Gold gains, oil slips as markets await US inflation data for rate path
Al Jazeera AR·US·about 17 hours ago
Economists expect September core CPI to rise 0.2% m/m, down from August's 0.4%, while headline inflation is seen accelerating to 3.6-3.7% y/y due to higher oil prices. The data, due Wednesday, will likely reinforce the Fed's ability to slow rate hikes, but elevated energy costs pose an upside risk to the inflation outlook.