At 14:30 (GMT+2), US data on the consumer price index for September will be released. It is the main indicator of inflation in the country, which reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on, which has a significant impact on the decisions of regulators in the field of monetary policy. The rate is expected to decline from 0.6% to 0.3% MoM and from 3.7% to 3.6% YoY. The implementation of the forecast may put pressure on the American currency, as it will increase the likelihood of the US Federal Reserve maintaining the rate at the same level.
