TechFlow news, October 24: Due to the government shutdown, the release of the U.S. September CPI data was delayed until tonight (October 24) at 8:30 PM. Economists expect the September CPI to rise 0.4% month-over-month and 3.1% year-over-year, with core CPI rising 0.3% month-over-month and 3.1% year-over-year. Tariffs are pushing up prices for goods such as clothing and furniture, but declining housing costs may ease inflationary pressures. Markets anticipate a 25-basis-point rate cut by the Federal Reserve at both the October and December meetings, with probabilities of 98.9% and 96.1%, respectively. Analysts believe the Fed is more focused on labor market weakness, and inflation data is unlikely to alter its rate-cutting path. Spot gold remains above the 100-day moving average, maintaining a positive technical outlook.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号




