The seasonally adjusted core CPI for the United States in September was 2.6% per year, with an expected 2.50%, compared to the previous value of 2.40%; The seasonally adjusted core CPI monthly rate for September in the United States is 0.3%, with an expected rate of 0.20%, compared to the previous value of 0.30%; The seasonally adjusted CPI monthly rate for September in the United States is 0.6%, with an expected 0.60%, compared to the previous value of 0.40%.
AI interpretation: The core inflation data is higher than expected across the board, completely breaking the market's illusion of a rapid decline in inflation. The highly sticky price performance proves the difficulty of the anti inflation process, directly blocking the space for significant interest rate cuts in the short term. The necessity for the Federal Reserve to maintain a high interest rate policy has significantly increased, and the market must reprice the length of the tightening cycle. This result clearly points to a more prolonged high interest rate environment, which constitutes substantial suppression of risk assets.
