Morgan Stanley: US Core CPI Expected to Rise Moderately in September, Overall Inflation Decline May Affect Future Interest Rate Decisions
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Morgan Stanley predicts that the core CPI in the United States will increase by 0.26% month-on-month and by 3.2% year-on-year in September. The overall CPI is expected to rise by 0.09% month-on-month, with overall inflation rates declining due to a drop in gasoline prices. Goods inflation is expected to rise due to increases in prices of used cars and airfares, while service inflation is expected to slow down. This report will have an impact on future interest rate decisions
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