đ Inflation Report: Hotter Than Expected! đ
đ September's inflation report shows a slight uptick with headline inflation at 2.4% (vs. 2.3% expected) and core inflation at 3.3% (vs. 3.2% expected). Monthly CPI rose 0.2%, surpassing the 0.1% forecast.
đŹ Market Buzz: Traders are divided on the Fed's next move. Will we see a rate cut or not? 79.9% expect a 25 bps cut, while 20.1% foresee no change.
đ Gary Cohn predicts a 100 bps cut this year, hinting at a "soft landing" for the U.S. economy.
What do you think? Rate cuts ahead or steady as she goes? Drop your thoughts below! đ #Economy #Inflation #FedRate
