US Macroeconomic Events in Focus 🇺🇸 Wednesday Core CPI (month-over-month) (Forecast: +0.2%) A key indicator of underlying inflationary pressure. Markets will closely monitor whether price increases prove persistent and what implications this may have for Fed monetary policy. Core CPI (year-over-year) (Forecast: 2.5%) Provides a longer-term perspective on core inflation trends and progress toward the Fed’s 2% inflation target. CPI (month-over-month) (Forecast: +0.6%) Overall inflation is expected to accelerate. Surprises could trigger increased volatility in bond and equity markets, as well as in the US dollar. CPI (year-over-year) (Forecast: 3.6%) A crucial measure of general inflation trends. Markets will assess whether price pressures are becoming more entrenched. Fed Speakers: Bowman, Barkin, and Goolsbee Comments on inflation, the labor market, and interest rate prospects could influence market expectations, particularly following the release of inflation data. Fed Beige Book The Fed’s regional economic survey offers insights into economic activity, employment, and price trends ahead of the next interest rate decision. Conclusion: Inflation data is the clear focal point today. Surprises could trigger significant market moves. Statements from Fed officials and the Beige Book are likely to provide additional clues about the future path of monetary policy.