The US Bureau of Labor Statistics will release September CPI data at 20:30 (UTC+8). Economists predict that the overall CPI will increase by 0.6% month on month and 3.6% year-on-year, while the core CPI will increase by 0.2% month on month and 2.5% year-on-year. Goldman Sachs expects the overall CPI to increase by 3.7% year-on-year in September, while JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, and Barclays predict the core CPI to be between 0.18% and 0.24%. The performance of core inflation will become the basis for the market to judge the Fed's subsequent interest rate policies.
AI interpretation: Inflation data directly determines the timing of the Federal Reserve's monetary policy shift. The subtle fluctuations in core CPI reveal the stickiness of service industry prices. The market recalibrates the pricing logic of the interest rate path based on this data. The release of this indicator will trigger severe fluctuations in financial asset prices. Investors must adjust their asset allocation based on the final reading to cope with tightening pressure.
