Citigroup: Core Inflation Expected to Moderate in September

BlockBeats News, October 9: Citigroup economists expect the core CPI for September to rise by 0.28%, lower than August's 0.35%. Although tariffs may keep goods prices firm, the slowdown in housing inflation should mitigate overall service inflation.

A government shutdown may delay data releases, but Citigroup stated that a softening labor market and cooling house prices have reduced the risk of sustained inflation. (FX168)