US inflation data is due this week - here are 14 investment bank forecasts

  • The economist consensus is 2.3% y/y for the headline but a much higher 3.2% for the core

This is via the Wall Street Journal's Nick Timiraos.

us September cpi forecasts 09 October 2024 2

Scanning some research notes I see Bank of America is reporting client conversations saying there has been a shift from the question of 25bp vs. 50bp in November to does the Fed even need to cut at all at that meeting?

Yikes.

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