US September CPI seen rising 0.6% on gasoline, easing Fed hike bets

Bloomberg · 5 hours ago
US September CPI seen rising 0.6% on gasoline, easing Fed hike bets
  • Bloomberg's survey median projects US consumer prices rising 0.6% in September after a 0.4% gain in August.
  • Higher gasoline prices drive the expected headline acceleration even as underlying price pressures moderate.
  • The projected print supports expectations that the Federal Reserve will hold rates steady this month rather than raise them.