Barclays: CPI needs to be much higher than expected to change the Fed's rate cut expectations

ChainCatcher news, according to Jinshi reports, investors are focused on the U.S. CPI for September, which will be released on Friday. The overall CPI is expected to rise by 0.4% compared to the previous month, while the core CPI is expected to rise by 0.3%. Despite the government shutdown entering its fourth week, the U.S. Bureau of Labor Statistics will still release the inflation report to assist the Social Security Administration in determining the annual cost-of-living adjustment for 2026. Barclays Private Bank's Chief Market Strategist Julien Lafargue stated that the CPI data needs to be significantly higher than expected to change the market's view on the Federal Reserve's potential rate cuts.