Huatai Securities: The decline in the US September CPI paves the way for the Federal Reserve to cut interest rates

ChainCatcher news, according to Jinshi reports, Huatai Securities research report states that the U.S. September CPI unexpectedly slowed down, mainly influenced by the unexpected slowdown in the rent component. In the context of the ongoing government shutdown and a cooling job market, a rate cut by the Federal Reserve in October is highly likely, and a rate cut in December is also the baseline scenario. Huatai Securities maintains its judgment that the Federal Reserve will cut rates once in both October and December.