This week brings the “most crucial CPI reading of 2024”, a “mini Super Bowl”

Dow Jones / Marekt Watch (gated) on this week’s CPI report coming from the US:

• “When the Fed says it is data-dependent, every time there is a data release, it is potentially a market-moving event,” said Matthew Bartolini, head of SPDR research at State Street Global Advisors.
• “The next inflation print is going to be a mini Super Bowl for policy watchers.”

I’ll have previews as we get closer, along with the range of expectations, and why these are important to know.

Early previews here:

• Weekly Market Outlook (13-17 May)
• Newsquawk Week Ahead: Highlights include US CPI, US Retail Sales, UK and Australian Jobs

Wednesday’s (15 May, 0830 US Eastern time) US data agenda includes all this lot!

This article was written by Eamonn Sheridan at www.forexlive.com.