Morgan Stanley: What we expect from the US September CPI report on Thursday ...Middle East

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Morgan Stanley: What we expect from the US September CPI report on Thursday
Morgan Stanley forecasts that the September CPI report will show core inflation rising by 0.26%, slightly exceeding consensus expectations. While goods inflation is expected to improve due to used cars and airfares, services inflation is projected to decelerate. The report's implications for headline and core inflation will guide expectations for the Fed's monetary policy stance.Key Points:Core CPI Expectations:Morgan Stanley expects core CPI prices to rise by 0.26% in September, compared to a consensus of 0.2%. The year-over-year core CPI is projected to remain at 3.2%.Goods inflation is expected to show positive movement, driven by used cars, while airfares inflation also remains positive.

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