US inflation has delivered another warning to the\u00a0Fed.<\/p>\n
\ud83c\uddfa\ud83c\uddf8 September CPI accelerated to 3.7% YoY<\/strong>, up from 3.4%, while monthly inflation reached\u00a00.6%<\/strong>.<\/p>\n More importantly, underlying inflation came in hotter than expected: The timing is uncomfortable. \ud83d\udee2\ufe0f Brent is above $106<\/strong> as tensions around Saudi Arabia and the Strait of Hormuz keep energy risks elevated.<\/p>\n For the Fed, the message is clear: inflation is proving sticky. An October hike is still not the base case, but markets now see a December increase as highly\u00a0likely.<\/p>\n \ud83d\udcb5 Higher-for-longer rates favour the dollar. The market\u2019s question is shifting from \u201cIs inflation falling?\u201d<\/strong> to \u201cHow much more tightening will the Fed\u00a0need?\u201d<\/strong><\/p>\n \ud83d\udc49 Trade global markets with NordFX: \ud83d\udd25 NordFX Expert View: US Inflation Heats Up Again<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" US inflation has delivered another warning to the\u00a0Fed. \ud83c\uddfa\ud83c\uddf8 September CPI accelerated to 3.7% YoY, up from 3.4%, while monthly inflation reached\u00a00.6%. More importantly, underlying inflation came in hotter than expected:\ud83d\udcc8 Core CPI: 2.6% YoY vs 2.5% expected\ud83d\udcc8 Core CPI: 0.3% MoM vs 0.2%\u00a0expected The timing is uncomfortable. \ud83d\udee2\ufe0f Brent is above $106 as tensions […]<\/p>\n","protected":false},"author":0,"featured_media":241061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-241060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/241060"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=241060"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/241060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/241061"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=241060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=241060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=241060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\ud83d\udcc8 Core CPI: 2.6% YoY vs 2.5% expected<\/strong>
\ud83d\udcc8 Core CPI: 0.3% MoM vs 0.2%\u00a0expected<\/strong><\/p>\n
\ud83d\udcca Stocks face pressure from tighter financial conditions.
\ud83e\udd47 Gold is caught between high rates and geopolitical safe-haven demand.<\/p>\n
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