Traders Eye May CPI Report as Inflation Gauge and Fed Test Ahead of Rate Decision

Markets are on edge ahead of Wednesday’s Consumer Price Index (CPI) release, expected to show a modest inflation pickup that could shape near-term Federal Reserve policy and rattle key asset classes. The report, due at 8:30 a.m. https://www.fxempire.com/forecasts/article/traders-eye-may-cpi-report-as-inflation-gauge-and-fed-test-ahead-of-rate-decision-1525315