CPI in line with estimatesClear path to grind up into rate cuts next week ...

RT Bloomberg Opinion (@opinion)@BBGIntelligence It’s the fifth year of sticky inflation in the US. Where is it coming from?Tune in for live CPI Day analysis with @JonathanJLevin and @AllisonSchrager 🎥https://t.co/ILZTV05tN5 ...

#数据 美国8月未季调CPI年率录得2.9%，符合预期；季调后CPI月率录得0.4%，高于0.3%的预期。9月6日当周初请失业金人数意外录得26.3万人，高于23.5万人的预期，为2023年6月17日当周以来新高。#行情 现货黄金短线上扬10美元，美元指数下跌30点。 https://t.co/yXY7A1BbFg ...

Economic Indicators - US August unadjusted CPI year-over-year recorded 29%, in line with expectations [1] - US August seasonally adjusted CPI month-over-month recorded 04%, higher than the expected 03% [1] - US initial jobless claims for the week of September 6 unexpectedly recorded 263 thousand, higher than the expected 235 thousand, a new high since the week of October 23, 2021 [1] Market Reaction - Spot gold rose $10 in the short term [1] - The US dollar index fell 30 points [1]

🇺🇸 JUST IN: CPI hits +2.9% YoY, Core CPI +3.1%, both match expectations. ...

JUST IN: 🇺🇸 U.S. CPI data comes in as expected.CPI 2.9% vs Exp. 2.9% ...

RT Bloomberg Opinion (@opinion)CPI: We’re expecting a little heat in the travel space today ✈️Joining us for live analysis is @BBGIntelligence Sr. Aerospace/Defense/Airlines analyst George Ferguson.Tune in here: https://t.co/ILZTV04VXx ...

Summary of the Conference Call on China Economics Industry Overview - The report focuses on the **Chinese economy**, particularly the inflation metrics and the impact of anti-involution on various sectors [1][4][5]. Key Points and Arguments 1. **CPI and PPI Trends**: - China's headline **CPI** turned negative at **-0.4% YoY** in August, primarily due to falling food prices [4][6]. - The **PPI** reading improved to **-2.9% YoY**, with a sequential change of **0.0% MoM**, marking the end of an 8-month streak of negative prints [5][6]. 2. **Food Prices Impact**: - Food prices increased by **0.5% MoM**, but the year-on-year decline widened to **-4.3% YoY**, the largest contraction since February 2024 [6]. - Pork prices continued to decline, reaching **-16.1% YoY**, while vegetables and fruits also saw significant price drops [6]. 3. **Core Inflation**: - Core inflation, excluding food and energy, rose to **0.9% YoY**, with core goods inflation reaching **1.4% YoY**, the highest since February 2020 [6][13]. 4. **Sector-Specific Insights**: - Upstream sectors showed signs of reflation, particularly in coal and ferrous metal mining, where contractions narrowed significantly [5][6]. - Downstream sectors, including solar and NEVs, experienced selective recovery, but overall demand remains a concern [5][6]. 5. **Future Expectations**: - A firm pickup in CPI is expected towards year-end, despite near-term volatility, with ongoing upstream reflation for PPI [1][15]. - Incremental policy measures are anticipated, focusing on property support, infrastructure, and potential new financial injections of approximately **RMB 500 billion** [16]. 6. **Monetary Policy Outlook**: - The central bank is not expected to rush into rate cuts, with both policy rate cuts and RRR cuts likely delayed amid an equity rally [16]. Additional Important Content - The report highlights the potential for smaller discounts during upcoming online promotions due to regulatory efforts to manage price competition in food delivery [15]. - The overall economic outlook suggests stabilization in the GDP deflator and a cautious approach to monetary easing, reflecting the complexities of the current economic environment [15][16]. This summary encapsulates the critical insights from the conference call, providing a comprehensive overview of the current state and future expectations of the Chinese economy.

All right, so estimates 2.9% headline. I know Jay Pal said 2.9% was fine for PCE. Is 2.9% okay for CPI knowing that we have this Fed meeting coming up just uh less than a week, just about 6 days away.And if it comes in in line or lower, what do you think that means for the market. Well, tough questions, right. A lot of questions.Uh 2.9%'s above the Fed's target. I mean, the CPI runs about a half a point above the consumer expenditure deflator, which is what the Fed targets, and that's the 2% target. So if y ...

Market Trends - The market is awaiting the release of CPI data [1] - Bitcoin (BTC) is attempting to recover its previous trading range [1] Cryptocurrency - Market participants are evaluating potential market movements [1]