📰 SEPTEMBER CPI SEEN AS REASON FOR POSSIBLE FED PAUSE Prices remained hot in September, which could lead the Fed to keep rates on hold next month, Regan Capital’s Skyler Weinand says in a note about the September CPI report. The 12-month print was 2.4%, slower than August’s 2.5% but higher than consensus forecast of 2.3%. The core reading ticked up to 3.3% from 3.2%. The numbers, following last week’s blockbuster jobs report, “may encourage the Fed to pause any further rate cuts for the time being,” Weinand says. Odds of a November pause are priced at 14% on the CME’s FedWatch tool

SEPTEMBER CPI SEEN AS REASON FOR POSSIBLE FED PAUSE

Prices remained hot in September, which could lead the Fed to keep rates on hold next month, Regan Capital’s Skyler Weinand says in a note about the September CPI report. The 12-month print was 2.4%, slower than August’s 2.5% but higher than consensus forecast of 2.3%. The core reading ticked up to 3.3% from 3.2%. The numbers, following last week’s blockbuster jobs report, “may encourage the Fed to pause any further rate cuts for the time being,” Weinand says. Odds of a November pause are priced at 14% on the CME’s FedWatch tool