Citigroup: It is expected that the inflation indicator preferred by the Federal Reserve will support a 25BP rate cut in November.

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Altın Finans'ın raporuna göre, Citibank ekonomisti Andrew Hollenhurst, ABD'nin PPI endeksiyle dün beklenmedik bir şekilde yükselen CPI'yi birleştirerek, Fed'in gelecek ay faiz indirimini desteklediğini düşünüyor. Fed'in tercih ettiği enflasyon göstergesi olan PCE, CPI ve PPI'nin fiyat verilerini birleştiriyor, bu nedenle bu iki verinin birleşimi, tahmincilerin Eylül ayındaki PCE için kesin tahminlerde bulunmalarını sağlıyor. Citigroup believes that the core PCE, which excludes the volatile prices of food and energy, will rise by 0.21% month-on-month in September, while the 12-month PCE will drop from 2.7% in August to 2.6%. Hollenhorst pointed out that this should prompt the Federal Reserve to continue cutting interest rates.

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