@andy-m

On October 24, the United States will release the September Consumer Price Index (CPI) - this is not only the first important macro data since the shutdown of the federal government, but also the first CPI report released on a Friday since January 2018, only five days before the Federal Reserve meeting on October 29. Due to the fact that the U.S. Department of Labor suspended the update of other core economic data during the shutdown, this CPI will become the only reference for the Fed to judge the inflation situation. Without the employment report, non-farm data or producer price index, the market's attention to this data has been pushed to a new high. According to last month's data, the US inflation rate in August was 2.9%, slightly higher than 2.7% in July. Wells Fargo expects inflation to rise slightly to 3.1% in September, still in line with the trend of "moderate deflation." The core CPI excluding food and energy may remain stable, which means that although inflationary pressure is easing

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