Sept CPI 3.7% y/y vs 3.6% est, core 2.6% vs 2.5%.
The short answer
JUST IN: Sept CPI 3.7% y/y vs 3.6% est, core 2.6% vs 2.5%.
Key figures (as reported)
- Headline m/m: +0.6% (est +0.6%, prior +0.4%)
- Core m/m: +0.3% (est +0.2%, prior +0.3%)
- Prices rose a bit faster than expected, adding pressure for another Fed hike on Oct 28.
- NQ futures -0.5%, 2Y +16bp. Per BLS.
Sources
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