The U.S. Consumer Price Index (CPI) is expected to increase by 3.1% year-on-year in September, faster than the 2.9% increase in August. The market widely expects the Federal Reserve to cut the policy interest rate by 25 basis points next week. September's inflation data may significantly impact the movement of the U.S. dollar. The U.S. Bureau of Labor Statistics (BLS) will release this highly anticipated CPI report on Friday at 20:30 Beijing time.
The market will focus on how the tariffs implemented by President Trump affect prices, so the U.S. dollar may experience fluctuations when the CPI is announced, as this data could influence the Federal Reserve's outlook on interest rates for the year. $BTC