The US Bureau of Labor Statistics2023/11/14 (Tue) 22:30 Japan timeuponUS Consumer Price Index (CPI) for OctoberIt is planned to be announced. While investors are trying to determine whether the Fed will go through one more rate hike,October's US CPI will be at an important crossroadsIt has also been pointed out that there is a possibility.
Total CPIAfter falling to a low level of 3% in June,The past 3 months have been on an upward trendIt's in (it was flat at 3.7% in September). However,Core CPIIsIt's decliningIt slowed from 4.3% in August to 4.1% in September. From the middle to the second half of OctoberInternational crude oil prices have generally declinedTherefore, in the marketOctober's overall CPI slowed to 3.3% from the previous yearI will, butCore CPI remained flat at 4.1%It is anticipated that it will be. If inflation cools down as expected,Possibility that it will lead to further stock appreciationThere is.
Also, since employment statistics for October fell short of expectations and US retail sales have also slowed, the observation that monetary tightening by the Fed will be prolonged has receded. October's CPIIf it slows further as expected, there is a possibility that the US Fed in December will remain unchanged again。
32% of core CPI...