Change in the price of goods and services purchased by consumers;
Usual Effect
'Actual' greater than 'Forecast' is good for currency;
Frequency
Released monthly, usually about 10 days after the month ends;
Next Release
Why Traders Care
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates;
Derived Via
The average price of various goods and services are sampled and then compared to the sampling done a year earlier;
Due to deliver a commencement speech at the American University School of Public Affairs Graduation, in Washington DC;
Source
Speaker
Federal Reserve Governor Michael Barr;
Usual Effect
More hawkish than expected is good for currency;
FF Notes
FOMC voting member Jul 2022 - Jan 2032;
Why Traders Care
Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
Level of a composite index based on surveyed consumers;
Usual Effect
'Actual' greater than 'Forecast' is good for currency;
Frequency
Released monthly, around the middle of the current month;
Next Release
FF Notes
There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact;
Why Traders Care
Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Derived Via
Survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions;
