Analysts: The overall and core indicators of the US CPI in September were lower than expected, and the Federal Reserve is likely to cut interest rates next week

According to Odaily Planet Daily, the US September CPI report showed both overall and core indicators falling short of expectations. Analysts say this suggests the Federal Reserve will almost certainly cut interest rates again next week, and the data also supports the Trump administration's view that inflation is under control and that tariffs won't trigger a surge in the cost of living. Analysts noted that the data showed gasoline prices appear to be driving the overall indicator: the gasoline price index rose 4.1% in September, the largest monthly increase among all items. (Jinshi)