Big CPI Print Tonight — Can the Fed Hold in October?

U.S. September CPI is released tonight at 20:30 Beijing time. Markets expect headline CPI to rise to 3.6% year over year, with core CPI at 2.5% year over year and 0.2% month over month. Whether higher energy prices are passing through to other goods and services is the key to whether an October hike can be put on hold. Mild core inflation could support equities and Treasuries; an upside surprise could lift the dollar and rate-hike expectations again. On Friday at 11:30 Beijing time, Warsh speaks at the IMF annual meetings, and his policy comments will also be closely watched. Do you think tonight's data brings a rebound opportunity? Are you watching indices, Treasuries or gold? Flexibly allocate across core U.S. tech equities and diversified RWA portfolios on Bitget — achieve efficient cross-asset allocation and precision risk hedging: https://www.bitget.com/promotion/futures-rwa