The U.S. September CPI increased by 3% year-on-year, which was below expectations, compared to the previous value of 2.9%
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In September, the U.S. CPI increased by 3% year-on-year, lower than the expected 3.1%, and the previous value was 2.9%. The month-on-month increase was 0.3%, also below the expected 0.4%. The core CPI year-on-year and month-on-month were both 3% and 0.2%, which also fell short of expectations. After the data was released, U.S. stock index futures surged in the short term, with Nasdaq futures rising nearly 1%, while the 10-year Treasury yield fell by more than 2 basis points, currently reported at 3.978%
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