๐บ๐ธ๐ RESULTS โ U.S. INFLATION
September inflation data show slightly more price pressure than expected.
๐น CORE CPI (MONTHLY)
โข Actual: 0.3%
โข Forecast: 0.2%
โข Previous: 0.3%
๐ Core inflation exceeds expectations and remains at the same pace as the previous month. This indicates that inflationary pressures persist, even excluding food and energy.
๐น HEADLINE CPI (MONTHLY)
โข Actual: 0.6%
โข Forecast: 0.6%
โข Previous: 0.4%
๐ The figure matches forecasts, but shows that prices accelerated compared with August.
๐น HEADLINE CPI (ANNUAL)
โข Actual: 3.7%
โข Forecast: 3.6%
โข Previous: 3.4%
๐ Annual inflation has accelerated again and slightly exceeded expectations, moving further away from the Federal Reserveโs 2% target.
๐ OVERALL
The data reflect more persistent inflation than expected. Although headline monthly CPI meets expectations, both core and annual inflation came in higher than expected.
๐ฆ FOR THE FED
These results could make the path to further interest rate cuts more difficult, especially if inflation continues to prove stubborn in the coming months.
๐ FOR THE NASDAQ AND THE DOLLAR
๐ Nasdaq: The data could create downward pressure if U.S. Treasury yields rise.
๐ต Dollar: Higher-than-expected inflation could support its appreciation.
โ ๏ธ We continue to monitor the reaction in bonds and the market. The release of this data does not guarantee a particular direction for the indices.
#CPIWatch $BTC
September inflation data show slightly more price pressure than expected.
๐น CORE CPI (MONTHLY)
โข Actual: 0.3%
โข Forecast: 0.2%
โข Previous: 0.3%
๐ Core inflation exceeds expectations and remains at the same pace as the previous month. This indicates that inflationary pressures persist, even excluding food and energy.
๐น HEADLINE CPI (MONTHLY)
โข Actual: 0.6%
โข Forecast: 0.6%
โข Previous: 0.4%
๐ The figure matches forecasts, but shows that prices accelerated compared with August.
๐น HEADLINE CPI (ANNUAL)
โข Actual: 3.7%
โข Forecast: 3.6%
โข Previous: 3.4%
๐ Annual inflation has accelerated again and slightly exceeded expectations, moving further away from the Federal Reserveโs 2% target.
๐ OVERALL
The data reflect more persistent inflation than expected. Although headline monthly CPI meets expectations, both core and annual inflation came in higher than expected.
๐ฆ FOR THE FED
These results could make the path to further interest rate cuts more difficult, especially if inflation continues to prove stubborn in the coming months.
๐ FOR THE NASDAQ AND THE DOLLAR
๐ Nasdaq: The data could create downward pressure if U.S. Treasury yields rise.
๐ต Dollar: Higher-than-expected inflation could support its appreciation.
โ ๏ธ We continue to monitor the reaction in bonds and the market. The release of this data does not guarantee a particular direction for the indices.
#CPIWatch $BTC