CPI Data November 2022 Worse Than Expected

The October CPI Data is being released on Thursday, November 10, 2022. The CPI Inflation Data is predicted to be worse than expected as the current CPI prediction appears to be low compared to what the Cleveland Fed’s Inflation Nowcast is predicting. The stock market sold off on Wednesday in expectation of the CPI report coming in higher than expected, as well a due to some other stock market news such as a collapse of the cryptocurrency market.

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