Macro· ★★★★· neutral·

Wall Street's September CPI preview: headline seen at 3.64%, core cooling to 2.40%

  • —Headline CPI forecast at +0.58% m/m and 3.64% y/y, up from 0.4% m/m in August
  • —Core CPI seen at +0.21% m/m and 2.40% y/y, with bank estimates ranging 0.16–0.24%
  • —Morgan Stanley has the highest headline estimate at 0.62% m/m
  • —The Fed hiked to 3.75–4.00% in September; markets debate a move on October 28
Why it matters: A soft core reading would cut odds of an October hike and support risk assets including bitcoin; a hot print would add pressure.
#BTC
Source: 動區 BlockTempo
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