Euro zone inflation reaches six-year maximum in October
In October, euro zone inflation demonstrated its fastest tempo for almost six years, powered by energy prices…
Canadian CPI
| CPI (Consumer Price Index) is the main inflation indicator. As inflation affects monetary policy of a central bank, there are no doubts that traders should pay attention to CPI releases. The Bank of Canada continues to keep the interest rate unchanged. To raise the key rate the central bank needs a push from the economic data. If the CPI is greater than the forecast, the CAD will appreciate. Look at the CPI data at 15:30 MT time on May 18 to trade the Canadian dollar. |
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