Major Event This Week – U.S. CPI Data Incoming On October
EDWARD_BNB1
Updated at: 2 hours ago
{"content":"Major Event This Week – U.S. CPI Data Incoming
On October 24, the U.S. CPI report will be released — even with the government shutdown in effect.
Expected: 3.1% | Previous: 2.9%
Why It Matters:
Lower CPI → Increases chances of a rate cut and a more dovish Fed tone
Higher CPI → Keeps the Fed cautious, possibly delaying any rate cuts
This report could heavily influence the tone and decisions at next week’s FOMC meeting.
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