刚刚 直线拉升！美联储 降息大消息！

Core Insights - The core consumer price index (CPI) in the U.S. rose by 0.2% in September, marking the slowest increase in three months, which supports the Federal Reserve's path towards interest rate cuts [2][3] - The report indicates that housing costs have recorded the smallest increase since early 2021, contributing to the lower-than-expected inflation readings [2][3] - The market has fully priced in two 25 basis point rate cuts by the end of the year, with expectations for further cuts in December [5][6] Economic Data Summary - The month-over-month CPI increased by 0.3%, while the core CPI rose by 0.2%, both lower than estimates of 0.4% and 0.3% respectively [3] - Year-over-year CPI and core CPI both stood at 3.0%, slightly below the expected 3.1% [3] - The report's release was delayed due to the federal government shutdown, which has also impacted data collection for future reports [3][7] Market Reactions - Following the data release, U.S. stock markets surged, while bond yields and the dollar declined, indicating increased investor confidence in potential rate cuts [5] - Analysts believe the CPI report will keep the Federal Reserve on track for rate cuts, as it aligns with the central bank's focus on softening employment data [8] Inflation Concerns - Despite concerns about tariffs impacting inflation, the actual effects have been less severe than previously feared, with some companies warning of potential price increases due to tariffs [6] - The Federal Reserve's latest Beige Book indicated that businesses across the country reported rising input costs due to tariffs, but the impact on consumers has been uneven [6]