Citigroup: Core inflation is expected to cool down in September

According to Odaily Planet Daily, Citi economists expect the core CPI to rise 0.28% in September, down from 0.35% in August. While tariffs are likely to keep commodity prices firm, slowing housing inflation should ease overall services inflation. The government shutdown may delay the release of data, but Citi said a softening labor market and cooling house prices reduce the risk of persistent inflation. (Jinshi)