Analysis: A large increase in core CPI may trigger the Fed to consider suspending interest rate cuts

BlockBeats news, on October 10, according to a Bloomberg survey of economists, the month-on-month growth rate of CPI and the month-on-month growth rate of core CPI excluding food and energy may be recorded at 0.1% and 0.2% respectively. The core CPI is seen as a better signal of future inflation. Grocery and gasoline prices sometimes fluctuate sharply and exaggerate the overall price level. If the core CPI shows a large increase, financial markets may be shaken and re-trigger the Fed's "pause" in interest rate cuts - if further progress on inflation stagnates, the Fed may abandon interest rate cuts in November or December. (Jinshi)