November rate cut will be ‘less of a sure thing’ if September CPI print is very strong
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2024
0mins
Source: SeekingAlpha
Importance of Upcoming Reports: Bank of America emphasizes that the consumer inflation report this week is crucial following a strong September jobs report, which exceeded expectations.
Impact on Federal Reserve Decisions: A higher-than-expected Consumer Price Index (CPI) could raise concerns about the Federal Reserve's plans to cut interest rates next month.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
