CPI ex food and energy 0.2% MoM and 2.2% YoY. As expected.
The US CPI came in spot on the expectations.
- The MoM came in at 0.2% vs 0.2% expected. The prior month remains at 0.2%
The USDJPY moved up before the report to a NY high of 110.40. It has moved back down to 110.29 after