16.09.2015 - Inflation in the US was less than expected
The consumer price index in the United States showed a decline of 0.1%, which is 0.1% worse than analysts' forecasts. It is worth noting that the core consumer price index justified the predictions of experts, and increased by 0.1%. For the year, the core consumer price inflation rose by 1.8% against the expected 1.9%. The greatest pressure on the index had a decrease in energy prices by 15% per year and on gasoline by 23% per year. Weak inflation reduces the probability of the Fed raising interest rates. We expect strong price movement after the Fed statement tomorrow.