🚨 Market Focus: U.S. CPI Report – October 24
All eyes are on this week’s U.S. inflation data, set for release on October 24, proceeding despite the ongoing government shutdown. Economists project CPI around 3.1%, slightly above the prior 2.9% reading.
Why it matters:
The Federal Reserve faces a tightrope act — cooling inflation amid a slowing labor market. Recent job data already points to a softening economy, strengthening expectations for rate cuts in the coming months.
This CPI report will be a key signal ahead of the FOMC meeting. A continued slowdown in inflation could push the Fed toward a more dovish stance, while even a mild uptick may keep policymakers cautious in tone.
Regardless of the print, one trend stands out: liquidity is returning, setting the stage for a potentially more risk-friendly market environment ahead. 💼📊