CPI Isn't Expected to Show Much Progress on Inflation in September
FROM THE WIRE · SEEKINGALPHA.COM
[Charts and graph of Stock market abstract background. Financial and business investment concept. 4K stock photo] Scanning a range of inflation projections, it’s clear that inflation isn’t forecast to cool to the Federal Reserve’s 2% goal when the Bureau of Labor Statistics…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA CPI print remaining above the Fed's target is market-moving for bonds and currencies, signaling persistent inflation pressures.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01September CPI expected to increase 3.7% Y/Y, up from 3.4% in August.
- 02Core CPI seen rising 2.5%, flat from the prior month.
- 03Citi economist Veronica Clark expects no major shifts compared to August.