ChainCatcher news, according to Informa Global Markets, the US headline CPI slowed to 2.5% year-on-year in August, in line with expectations, the lowest level since February 2021. The core inflation rate remained at 3.2%, which was also in line with expectations.

The market noted that the higher-than-expected core inflation rate was 0.3% on a monthly basis, which prompted the dollar to rise against the yen from 141.80 to 142.35. The data supports the Fed's 25 basis point rate cut next week and should rule out a larger 50 basis point rate cut.