UOB: US Inflation Still Above Fed Target but Easing
UOB's Alvin Liew says headline and core US CPI remain above the Federal Reserve's 2% target after the July report, but he expects inflation to gradually ease.
DXY
After the July US CPI report, UOB's Alvin Liew assessed the US inflation outlook and the Federal Reserve policy path. He noted that both headline and core CPI remain above the Fed's 2% target.
However, Liew sees inflation gradually easing. The available excerpt cites a forecast for headline CPI to average 3.5% and core CPI to average 2.8%, though the full time horizon is not specified.
Source: FXStreet Forex News