On 24 Oct the U.S
CPI report drops despite the shutdown.
Forecast *3.1 %*
Prior *2.9 %
It matters because the Fed tunes policy on inflation and labor data; jobs are slipping, pushing rate‑cut bets.
With the FOMC meeting next week, the CPI print will steer the Fed’s tone. *If CPI undershoots*, markets may lock in a cut and expect dovish remarks.
*If CPI beats*, a cut stays possible but the Fed may sound more guarded. 🌟📊
