PANews reported on October 24 that according to Jinshi, investors are watching the U.S. CPI for September, which will be released later on Friday. The overall CPI is expected to rise by 0.4% from the previous month, and the core CPI is expected to rise by 0.3% from the previous month. The U.S. Bureau of Labor Statistics said last week that despite the government shutdown (now in its fourth week), it will still release an inflation report to assist the Social Security Administration in formulating annual cost-of-living adjustments for millions of retirees and other benefit recipients in 2026. Although analysts do not expect the data to hinder the Federal Reserve's progress in cutting interest rates by 25 basis points next week, it may provide clues to the actions the Fed may take at its December meeting. Traders have almost fully digested the expectations of a rate cut next week and another rate cut at the December meeting. Julien Lafargue, chief market strategist at Barclays Private Bank, said: "The data will have to be much higher than expected to change the market's view that the Fed will cut interest rates again."


