#USCPIAndPPITopForecasts

4,2 mln. bekijken dit|1K post

About USCPIAndPPITopForecasts

US Sep PPI rose 6.3% YoY and 1.3% MoM, above forecasts of 5.3% and 0.5%; core PPI also exceeded both forecasts. Sep CPI rose to 3.7% YoY, above expectations. Despite both hot readings, Fed Chair Warsh said Oct 16 he would not prejudge rate decisions and gave no indication of an October hike. Daly and Goolsbee had also urged caution on immediate action. After Warsh spoke, bets on a 25bp October hike fell to ~15%, leaving the timing of further hikes this year uncertain.

Gerelateerde crypto
BTC
-0,71%