Analysts: If the US CPI in September is higher than expected or weakens interest rate cut expectations
2025-10-24 01:59:22
U.S. CPI data for September will be released later on Friday. Ahead of that, Asian currencies rallied against the U.S. dollar in early trading. StoneX analyst Matt Simpson said money markets currently expect the Federal Reserve to cut interest rates by 25 basis points next week and another 25 basis points in December, a 99% and 93% probability. If the CPI data is higher than expected, it could challenge those expectations and push the U.S. dollar higher across the board. (Golden Ten)
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