
#USCPI3.7%CoreBeat
About USCPI3.7%CoreBeat
US Sep CPI rose 3.7% YoY, up from 3.4%, and 0.6% MoM, up from 0.4%. Core CPI rose to 2.6% YoY, above the 2.5% forecast, and increased 0.3% MoM, also beating expectations. Higher gasoline prices drove the headline rebound, but rising core inflation suggests price pressures extend beyond energy. The upside surprise could influence the Fed’s next rate-hike decisions, with markets watching rate expectations and the response in Treasuries, the US dollar and BTC.
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