🚨 Market Watch: U.S. CPI Report – October 24
Investors are zeroed in on this week’s U.S. inflation data, scheduled for release on October 24, which will proceed despite the ongoing government shutdown. Economists expect CPI to come in around 3.1%, edging higher from the previous 2.9% reading.
Why it matters:
The Federal Reserve continues its balancing act — aiming to cool inflation without derailing a labor market that’s already showing signs of strain. Recent employment data suggests a softening economy, reinforcing expectations that rate cuts may be on the horizon.
This CPI release will serve as a crucial guidepost ahead of the upcoming FOMC meeting.
• A further decline in inflation could nudge the Fed toward a more dovish stance,
• while any upside surprise might keep policymakers on guard.
Regardless of the headline number, one key dynamic is becoming clear: market liquidity is improving, potentially setting the stage for a more risk-on environment in the weeks ahead. 💼📊
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