Market View: US September CPI data and the Fed’s next move; JP Morgan’s Jamie Dimon’s warning of a global recession

Your Way Home with Hongbin Jeong · Oct 12, 2022 · 14m

The US markets are on our agenda with the US CPI data for September set to be released on Thursday. Based on earlier forecasts by Bloomberg, the headline consumer price index is expected to moderate slightly from 8.3 per cent on-year in August to 8.1 per cent on-year in September. Meanwhile, the more closely watched core inflation is set to rise from 6.3 per cent to 6.5 per cent on-year for September. So would the decline in headline inflation alone offer any form of reassurance for the Fed to ease off the brakes in its upcoming policy meeting? On Market View, Prime Time’s finance presenter…